Going back, we had listed companies we like/invest in.
At that time I suggested CSG.
Although I remain holding the shares I held at that time, I have begun looking for an exit strategy. It appears to me that an excessive level of SGA expenses now exist and the company seems comfortable in justifying those expenses.
They are engaged in "extensive" M&A activities being performed by the Chairman who also owns an investment company. He is charging an additional fee for these services in addition to a healthy directors fee. Although I realize advising others may reduce my selling prospects, I am committed to fair play and can no longer endorse this company.
orgy