17-10-2010, 01:43 AM
(16-10-2010, 09:38 PM)Drizzt Wrote: i think its important how we see them sustaining the margins. the amount is small but the current cashflow generation is good.
at the end of the day, i invested in a lot of past companies that got their margins eroded. there is no point having a high roe and no moat because sooner or later others will do the same.
Hi Drizzt,
I agree, you have a very valid point! If I should attend the AGM on October 29, I will remember to ask them about this. It's an important fact to know, and will determine if the Company can continue to maintain their margins and FCF generation capability.
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