02-03-2013, 07:34 PM
Yup. I also do think that it's once off but reading the announcement again places some doubt in my head.. Not sure if it means that the discount is extended for 5 years or once off!!
But at least it's on for "some product lines" and not across the board...
I do not think that the low margins were solely due to the discounts... My guess is that there was prob some inventory issues which were written off... I do not really like their way of presenting the profit and loss statement as it seems to hide ineffective inventory management practices...
But at least it's on for "some product lines" and not across the board...
I do not think that the low margins were solely due to the discounts... My guess is that there was prob some inventory issues which were written off... I do not really like their way of presenting the profit and loss statement as it seems to hide ineffective inventory management practices...