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Saturday, 1 March 2014

EVEN MORE OPTIMISM.........

EVEN MORE OPTIMISM.........

It is hard to believe that after nearly 3 years have passed with the new management team in place at the Quinn Group, they still can't seem to see what is happening.

After almost three years of not meeting profit targets, and indeed seeing the profit figures decimated in all areas, even though the January and February (to date) results are poorer that forecast, the year-end figures have not been changed. Obviously somebody somewhere is expecting a miracle at some point in the year, and expecting the bad start to be compensated for at a later date. Surely the performance over the past few years would indicate that unless something changes, targets will continue to not be met, and profits will continue to fall.

Perhaps the past few years have begun to take their toll. Albert Einstein once defined insanity as doing the same thing over and over again and expecting different results. It looks like there's a lot of that going on at the Quinn Group at the moment....

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