How dissapointing is this company. They have some great products but cant seem to encourage investors into this stock. First the problems with safety needle machine and transport and install overseas, followed by buying bolt on company at premium price and then reselling it back to original owner for what most would see as a bargin. This followed on by the launch of female hygine product which had little on air commerical advertising and even worse,having there product taken off the shelves by woolworths because it wasnt selling well enough. Now the plan is head overseas and do a joint venture and then decide to buy that company.Does management have any idea what they are doing?
How about focusing on the products you have and the fanfare promise of being innovative and market leaders in these areas of your products and create value for shareholder in this company???????
SFP puts out ann on these wonderful products, idea they have and where has it got the share price in past 2 years?? NOWHERE BUT DOWN.
What a dog of a company and management should be ashamed of the way they have not done enough to improve shareholders value in this company . Take a look at how other companies get there products in the market and continue to have there products talked about or seen .Asked anyone who is safety medical product and what do they sell and you will get a idea why this company keeps failing.
SFP Price at posting:
20.0¢ Sentiment: None Disclosure: Held