My take on things ...Much to some’s surprise, I found yesterday’s NR to be solid and encouraging. They desperately needed new energy / leadership and it seems their expertise points to tobacco (might explain LGs exit from beverages). The mere fact that the options (only a % though) were reported on Cdn Insider the following day bodes well for the potential to a more professional approach to reporting also. It’s a start.
I’m guessing EasyJoint is a fait accompli based on that fact that 2 of the new people (EVP Commerical Finance & VP Communications) have been assigned to them specifically. If EB and Freia lock in that is a solid presence in Italy.
As to the Tricho-Med article, it seems to me the issue is with the proposed 600,000 sf expansion. As to the issue of power, John told me it had already been reserved back on May 22/18 when we spoke. Provided he was truthful, that is a non-issue. Also, doubt the area would turn away the potential # of jobs.
It’s a long list of overdues, failures, misinformation and non-disclosure issues but it is my opinion that this could well be the true launch of LG. It’s now up to the new corporate team to make us all forget the past by cleaning up the messes, executing deals, securing solid sales contracts, and behaving like the true professionals I believe them to be being fully transparent.
For those who call me a ‘BASHER’, a stupid, ridiculously overused & misused word, I report based on information. Anyone who does as much DD as I would know that.
I am cautiously optimistic now but definitely more optimistic than I was 2 days ago.