BOL 0.00% 14.0¢ boom logistics limited

margin should be 13%. It was reduced to 10% by bad weather.You'd...

  1. 3,698 Posts.
    margin should be 13%.
    It was reduced to 10% by bad weather.
    You'd therefore expect the bad weather to be only a temporary thing.
    But now we are seeing another thing come out left field ... maintenance.
    This was mentioned in the announcement this morning also there was mention of revenue only being less than 15%.
    I didn't anticipate that.
    I rang the company and got the impression that revenue might be around line ball with this year not less.

    The more this goes on the more I realise why the price is declining.
    I am beginning to realise now that we may have a few muppets running this company, unfortunately.
 
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