At the end of the day it is up to the BOD to protect shareholder value. They failed.
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Mayo
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Mayo was an axe man. Got swp ready for a buyer. Swp themselves sure done some stupid shit too. That terminal in Polland was a good concept but swp didn't have deep enough pockets or the mental Capitol to see it through. How much they sunk into it only to bail for pennies. Whatever happened to the 10 9600's they sent to Russia to farm with? I remember our pool agent once was looking in to getting a placement at a swp facility in Mexico.
Sure the swp knew their woodies would be antiquated someday and needed to build the concrete units. However, the grain business went for shit and they had already went whole hog. Maybe just bad timing as much as poor management.
Dang also forgot they got into pigs and lost their ass. About the only profitable other venture they were in was the stockyards. Not big money but at least profitable.
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Isn't Sasktel now pretty top heavy on "upper management" and trying to operate in a bunch of other countries. What the heck does Sasktel have 8 people currently working in Bahamas? Sounds pretty close to the Swp model...maybe Mayos next gig
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