RE:Outlookbihisello wrote: With share price less than BV this company is a sitting duck for a takeover and quite frankly that is the only rational for staying in and trying to mitigate losses
Although the price maybe attractive for a possible takeover...the diverse aspect of the company (too many moving parts) might make it difficult to intergrate its operations into another interested company.
Although another disappointment....what have we learned....the bottom line is that we have people that can build/grow a business however, we have not had the right people in place that can run/manage a business...ie manage money...hopefully this will change with the appointment of the new CFO, time will tell. Secondly, the emphasis of this company has been on growth by acquisition "at all cost' but that is not necessarily what investors are looking for....the more important thing is earnings ...and continual increases in earnings year over year. So hopefully the emphasis will be to implement measures to control costs and focus on earnings for the next quarter. Hopefully this will be the new focus when the company reports again.
Thirdly, as someone has mentioned reporting of sales/earnings are too reliant on Q4. This makes the company too predictable ......there has to be a way to even things out over the year.
It is time to implement change and under promise and over deliver ... and if we need new leadership to do this then so be it.