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FUNMAN

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FUNMAN

Re: Lazarus post# 38

Thursday, 10/10/2019 5:56:02 PM

Thursday, October 10, 2019 5:56:02 PM

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I used to love the company. The only problem and it is a big one is they have a lot of trouble growing their brands organically.

The rely on bolt on acquisitions to be accretive. Any revenue slippage has to be made up with another acquisition. There is always more debt.

They need to get better at executing brand growth, otherwise the handwriting is on the wall regarding a dividend cut. That's the only reason I am not adding here.
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