Southend-2

[asdf1234]

Originally Posted by DC3 Dave

This doesn't make good reading, but does it suggest a slightly more sober approach?

https://www.standard.co.uk/business/...-a4006726.html

ive been pointing out for a few years now that the selling of the family silver cannot go on forever and that operational profits are needed .however this announcement is more bad news - "we don't have any operational profits to distribute so we will tighten our belts and eke out the remaining family silver". One can only assume the FR deal will take longer to generate profits than expected .