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waste (BGX)     

hangon - 15 Sep 2008 13:06

I'm tempted to use the Subject "Waste of time", -or- "Wasters"
-but that might be cruel, as there is business potential here.
However, I understand [BGX] are trying to reduce food waste - by creating something useful by way of a saleable End-Product.

Nevertheless the reality is that Contracts for disposal have been slow,...Result - is greater losses, with Energy costs, fuel (for collection?) greater than expected.

The killer is the loan and being "in touch" with their Bank.....Oh deary.

Expect this to fall further as folk await new Loan-costs, that is if they are successful.

Companies like this are using Punters' cash to build the business - rather we should ONLY invest when there are 5-years of Accounts and decent profits in view.
-Investing with unproven Management, Unproven Business and Unproven - well, everything . . . .seems a tad careless, IMHO.
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