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Re: Re: [sharechat] Damba-Bright future!!!!!!!

From:	"Greg McDonald" <gregmcd@world-net.co.nz>
Date:	Fri, 9 Mar 2001 21:38:08 +1300

Sure, I agree that the last six months of last year were not quite as good as the previous six.When you take into account that DMB is a New Zealand focused manufacturer (and now Australian-with profits!!!) and the general feeling prevailing due to the negative sentiment from mid 2000 to year end, it was not unexpected that trading conditions were a little tougher.This negative talk-that is all it was- is now shown to be incorrect-Garreth Morgan-the man wheeled out when things get a fraction tough-is now VERY quiet.Business spending confidence was certainly shaken by "the sky is falling brigade"of late last year.

Facts-

-Revenue has risen almost 50% in three years.

-This years profits are around 200% improved on last years.

-The New Zealand economy (main indicators) are positive.

Ok-lets see what the situation is in six months.........

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