Dona Ferentes
A little bit OC⚡DC
- Joined
- 11 January 2016
- Posts
- 15,080
- Reactions
- 20,447
Apparantently from penny-dreadful to dead in the water. or is that a noose hanging from the once great Hills Hoist as a reminder to the dumber than dumb board of what was once.........Sounds like you are both being put out of your misery.
Hills placed in administration
A $5.48m court loss has forced once-great Australian manufacturer Hills, which made the iconic Hills Hoist, into administration.
Yes it's sad, same thing happened to Yates seeds, I did my dough on them.Apparantently from penny-dreadful to dead in the water. or is that a noose hanging from the once great Hills Hoist as a reminder to the dumber than dumb board of what was once.........
It was the straw that broke the camel's back.lucky for me HIL contractors fixed the NBN on the new digs before they got the chop , the replacement connection box might be the only investment return this decade
let's see what eventuates they still has some assets and contracts , am very surprised a mere $6 mill court settlement was the tipping point
ABC Learning for me, crooked and corrupt.Yes it's sad, same thing happened to Yates seeds, I did my dough on them.
Yes, I think poor management, had something to do with Yates. ?ABC Learning for me, crooked and corrupt.
Ah proxy votes. How many times has a dud been reserected by them.Yes, I think poor management, had something to do with Yates. ?
From memory, they had a manager that decided to automate a lot of the warehouse, process and it all went South.
From the article:The Mayne Report - Blasting Stan Howard at Arthur Yates in 2000
www.maynereport.com
Prime Minister John Howard's brother just managed to be re-elected to the board of Arthur Yates yesterday, as shareholders heckled the embattled garden group's directors.
Mr Howard, 70, said he would normally have retired as a director – a position he has held since Yates' listing in 1993 – but felt a duty to ``stay with the ship while we endeavour to turn it around''.
Mr Howard, who presided over the AGM despite still recovering from a hip operation, refused to respond to what he called an ``attack'' on his track record with companies by shareholder activist Stephen Mayne.
Only three of the more than 120 shareholders at the Yates AGM voted in favour of Mr Howard's re-election, but he survived on the basis of proxy votes.
Yates shares fell to a new all-time low of 24c yesterday before closing 4.5c weaker at 25c – a far cry from 98c last December.
Gardening giant Yates still under the weather
Arthur Yates & Co Limited, by far the biggest name in the growth industry of gardening products, has been a disappointment since the shares were sold to the public in a prospectus issue in 1993.www.afr.com
US GREEN EQUITY GROUP TO PAY $75M FOR ARTHUR YATES
ONE of the best-known names in Australian gardening, the Arthur Yates & Co seed and fertiliser business, is to be sold to overseas interests as Industrial Equity Ltd continues its asset divestment programme.www.afr.com
How true.Ah proxy votes. How many times has a dud been reserected by them.
Divs the only tears that this post will induce is becuse we are not on it and you are !!!!can i throw in a couple of candidates that might not induce tears
KOV and SNL ( both up very nicely for me despite rarely discussed on forums where i am a member )
am up 120% on KOV and up 470% on SNL
( you don't always have to back fundie's darlings to do well )
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