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Mega Brands Inc MBLKF



GREY:MBLKF - Post by User

Comment by langeron Mar 14, 2012 12:50pm
277 Views
Post# 19668851

RE: RE: RE: RE: Q results

RE: RE: RE: RE: Q results

 

Huh ... MB has come no where near 141 M of profit. In the last Q alone they only did 108 M in sales. If the 2.6 M negative impact is a Q'erly number with a 10% increase it is huge. MB only profited 12 M in 2011 so that increase would wipe it out.

They should be hedging the resin prices, this would bring stability to the op costs. If they are already doing that they need to explain why the current hedge strategy is impacting the bottom line. If you can't somewhat plan for the cost of your core consumable then there is a serious flaw in the business model.

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