RE: Slimming the work force2 Oct 2014 12:30
no offence but that is wishful thinking. By the sounds of it XAAR has put most of their Eggs in one basket, the Chineese Cermanic Tile market, which is now gone cold due to excess capacity, and now laying people off will add further negative investor sentement.
Good company agreed, they spend a load on research which I like but disappointing that they have dropped so far in such a short period of time.
Now asking myself if I should just take the hit and bail, otherwise realistically it will years to see it back up to profitable levels.