Wednesday, Sep 08, 2010
How many other companies are lying about their status?
Guardian: Connaught administrators say they need goodwill of councils
First part of their name is apt as just four months ago connaught told investors: "We have had a really, really great six months, really excellent. And the outlook for the full year is probably even better ... our prospects are virtually limitless." Fi
Posted by enuii @ 11:28 PM (551 views) Add Comment
4 Comments
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1. paul said...
They "need the goodwill of councils"?
That either means money or debt forgiveness. And I doubt many councils can afford to do either. I wonder if that "limitless" statement was in their annual report? If it was that's almost certainly fraudulent.
2. jack c said...
Good job some of the Con-Out directors offloaded their shares before the profit warnings!
3. mark said...
councils waste too much money on contractors
4. icarus said...
enuii said the first part of the name was apt. What about the second part?