RE:2015 AGM? , the one in the cheap hotel? or in the GretzkISAloser247 wrote: y wedding richie one? ....my agent starting asking Mr. Gags, about the cost of the new plant, Gilles did not want to divulge anything, saying it was for "internal ' only!AT A FCKIN' SHAREHOLDER MEETING HE WAS BEING VERY EVASIVE, eventually he mentioned a ball park ( Olympic Stadium ) figure of 12 million . Is the new plant up and runnin' , final tabulations all in order?
He didn't answer about the German Symrise contract either. ( until a press release many months later) , don't give me krap about 'childish' comments. MANAGEMENT IS, HAS BEEN, AND SEEMS TO BE NOT FORECOMING WITH ANY MATERIAL INFO..........ALTHOUGH OATS SEEMS TO BE PRETTY WELL INFORMED!!!!!!!!!!!
Well if you don't like the cost of the plant, don't like how forthcoming management is with you, or worry about P/E multiples, there is a simple solution. Sell your CZO and go put it in something like TD Bank with their lower P/E ratio, great long term track record and nice divy to boot. Or BCE, with an even lower P/E ratio and even better divy.
If you are a long term CZO shareholder, you are obviously gambling that the long term share appreciation will be much greater than a stable mega cap stock like TD or BCE. Sure we wil have our ups and downs, but if management gets everything more or less right, we should also do much better in the long run.
Don't like it? Move on to something else.
Simple.