Hi OlesargeI've seen your series of posts on the management here...

Hi Olesarge
I've seen your series of posts on the management here and they show a degree of inside knowledge.
In support of your view, I formed my own independently by looking at the MD's Market Update of May.
The National Engineering poor performance was fixed by changing mnagement and two months later"there has been an immediate effect with $9.9m of new sales already". What a plonker...sounds like a manager who thinks he can move the pawns around as his solution for everything. To me it sounds like gross naivety to think you can drop someone in and have immediate understanding of the business and success like that. Worse, he thinks the shareholders are naive enough to buy that BS. The only way someone new can come in and pick up that sort of business volume is to be too cheap in pricing...any fool can do that.
Despite that, I did buy recently, mainly on the back of the businesses other than National (too low tech, too many competitors)being sound despite the MD, and cheap.
Having read my own post, I'm wondering if I was wrong. Time will tell!