Performance of SiS12 Dec 2016 17:01
Although there are slight rises in the share price its not sustained. There have been changes made in some less operationally significant roles but no real change.
The production facility at Nelson has seen no significant improvement since restructuring since 13/14 and this is beginning to slow business and sales progress.
The Senior Management roles are just a shuffling of existing resource which is struggling to change and increase capability of business. Time for the CEO to loosen his grip and bring in fresh talent with a new strategy and ideas. It needs capability of someone who can manage this size of business not a big Corporate. The Company is still good and the product. The capability of the top line management is lacking as it has been for a couple of years now. if the share price is to rise significantly there has to be some visible changes made,