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Thread: Another Oz icon in trouble
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24th February 2009, 10:35 AM #16
There have been mumblings and grumblings about wattyl for years...what that actulay translates to in reality is another thing.
What does a profit downgrade actully mean......does it just mean they aren't making as much as they did last year, or does it meanthey ar not making as much as they predicted they would.
Either way this is a long way from the cieling is falling and they are going broke.
One of the big problems and part of this whole financial crisis is that these big boys can not bear the thaught that they might not make more than they did last year.
Where does the money come from for everybody to make lots more than they did last year.
cheersAny thing with sharp teeth eats meat.
Most powertools have sharp teeth.
People are made of meat.
Abrasives can be just as dangerous as a blade.....and 10 times more painfull.
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24th February 2009, 07:20 PM #17I personally have had wattyl shares for over 25 years....................................................................
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24th February 2009, 08:51 PM #18
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