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Mega Brands Inc MBLKF

Consumer Cyclical Leisure


GREY:MBLKF - Post by User

Mega Brands Inc > What the...
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Comment by langeron Jan 17, 2012 11:51am
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Post# 19412275

RE: RE: RE: RE: RE: RE: What the...

RE: RE: RE: RE: RE: RE: What the...

I agree ... I'm interested in seeing the numbers as well. The last Q was "unimpressive" and frankly not what I was expecting. The biggest issue to me was the increase in resin cost. The companies explanation indicated the higher resin cost was due to a higher CAN $. For me ... that explanation didn't sit well as the CAN $ had been floating around that mark for some time. In addition, if they were buying resin in Canada there should be no impact, and if they were importing, it should actually be cheaper with a higher dollar. At any rate I sold off right after, now waiting to see op costs / margins improve.

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