KZL 0.00% 12.0¢ kagara ltd

its too quiet..., page-12

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    Article in the SMH has a reference to Kagara

    http://www.smh.com.au/business/de-bortoli-takes-50m-hit-on-stocks-20130425-2ihad.html

    Here is one excerpt

    De Bortoli wines, one of Australia's largest family-owned wine groups, has slumped to a $24.7 million full-year loss after export sales were crunched by the strengthening dollar and the value of its equities investment portfolio sank by nearly $50 million.
    Previously De Bortoli's stockmarket plays had been a wind in its sails, with profits from its stock trading eclipsing wine earnings in 2011, but a series of poor investment decisions, including a huge exposure to collapsed North Queensland mining giant Kagara, has shunted the Griffith-based wine group deep into the red.

    HT1
 
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