NCK nick scali limited
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Ann: Change in substantial holding, page-12

  1. MarsC
    1,992 Posts.
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    30/03/18
    17:15
    Post #: 32143381
    Two major red flags, as far as I'm conerned. First, Mr Scali is now saying he has ambitions for the company to be "bigger". When a manager wants the empire to be bigger, rather than to be stronger, that usually comes at a cost to the owners. Second, he is talking about achieving this via OS expansion.

    Well that's two nasties, all rolled into one, as far as I'm concerned.
    NCK Price at posting: $6.72 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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