SP5 Jan 2017 08:37
Good morning to all existing shareholders, from a new shareholder! I am based in the C.I so know Ronez very well. They are well run, given the heavy corporate governance previously imposed, coupled with a virtual zero cap ex budget that forced them to out-source many basic operations including delivery of material. Imho, profits can only increase due to lower HQ charges, a captive market and a more progressive marketing and management style.
Sigmaroc's board have an impressive, and validated track-record, hence, this must be an exciting time with many more acquisitions to come in the future. As a BREE holder it will be interesting to compare and contrast performance in 3 years time! The loan stock at 6% is attractive, but affordable from the company's perspective and does not create to much gearing for the shareholders. Exciting times! GLA