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Quiksilver Inc. Message Board

  • ar2743 ar2743 Feb 25, 2014 5:20 PM Flag

    ZQK future

    It seems to me that Rhone has too much invested in ZQK to quit and run. Especially after the very expensive
    10% financing just finished. No buyers would have been found for the bonds I think if the sense had been that
    the business was about to see its demise. Sales continue to be in the multi-billions and I get the impression that Mooney et al are firmly trying to get the enterprise to a profitable basis. Yet improvement needs to take place soon notwithstanding the comments in the annual report that it may take some years. While I agree that there needs to be some incentive, I think ZQK pays its people way too much.