It wasnt so long ago Ted Pretty announced HIL were closing all manufacturing because manufacturing was unsustainable. So he didnt think the $A could fall, didnt want to support mftring, just wanted to decimate another company like he did with Telstra??
Biggest load of lip service!!!! Get on and run the company.
The share price is lower now than when he took over, and they were pretty quick to spruik to market when it was on the UP, what is going to be spruiked now that the share price is below where it was 2 years ago when he took over??
There was a skit in the paper some years ago showing Ted with his a hanging out of his pants as he is pushed out the door, is History about to repeat??
About time someone put a size 15 out there, ot maybe UP there!!
HIs consistency in logic and business is amazing
" Ted Pretty: “We need to develop some unique and sustainable business value propositions. To a large extent our business has been focused on the distribution of third party product, into the Australian market. So that’s been important to us in terms of our earnings to date. But we see a lot of opportunity, particularly in the health sector where we will produce, design, manufacture that product ourselves and provide a bit more sustainability to our margins. Because if you’re importing a lot of product and you’re subject to variations in the Aussie dollar, that creates a vulnerability in your business. If you’re able to manufacture your own product and have some self-determination over how your margins work, then it’s better for the business.”
"Dont SAY, DO!! DO something TED, DO!!!
Too much saying!!
Cheers
HIL Price at posting:
$1.13 Sentiment: None Disclosure: Not Held
