GREY:HYKCF - Post by User
Comment by
valueplaysonlyon Feb 28, 2014 7:09am
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Post# 22262478
RE:Doing It Right
RE:Doing It RightR u on crack? Hyduke is too small to compete in the States. Their manufacturing plant there is a white elephant, an empty parking lot with no sales. Gord left before earnings, earnings are late to report by 2 weeks already. Theearnings will be brutal. All division heads are leaving too. The new Board has done nothing, fancy credentials of Board Members wont save this dead horse. Too long spent on low margin business by a pig headed CEO who never veered into other profitalbe segments. Enterprise ( E) has same sales of HYD with 15 times the market cap. Why? Because they raised money with PP to buy high margin companies and integrated them while this piss head gord sat on a vault of cash and lost it trying to manufacture against low wage low regulation countries. He had no vision and the Board saw that and fired him . Now with no CEO and no vision and late to the party they will flounder just like CEZ and TID