GREY:NEPTF - Post by User
Comment by
matisse2003on Aug 28, 2008 1:15pm
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Post# 15416845
RE: results
RE: resultsUnfortuneately, I am not encouraged by these recent results. These results are more evidence that this management team is not focused. The fact that sales did not increase in Canada is not acceptable. Have we peaked in Canada or have we taken our eye off the ball because we are dreaming about a big fish pharma deal??? We cannot possibly have peaked here because stores are not able to keep in stock and the product is not widely available or agressively promoted so the answer is management is dreaming not acting!!!!!!
I am pleased that we have finally decided to make the investment in the plant but this should have been accomplished 6 months ago or more when we were at 80% of capacity. How could mgt think that they could grow sales without capacity???? Analysts must be wondering out very loud about whether this group can really do it or just think about as academics. Lots of education exists here but execution is lacking.
There is nothing here to justify a repricing of options. Sales have increased in the recent quarters but nothing has made it to the bottom line??? If management wants to make money on an appreciation from here then they should buy some stock like the rest of us. They have FAILED TO PRODUCE.