The company reported today the end of the CEO’s term – but he will leave in 5 days and certainly will not pass on the knowledge he gained in 4 years, recently received a lawsuit worth 24 million NIS and is dealing with falling shipping prices
The company reported today the end of the CEO’s tenure in the last four years, there is no doubt that this is a substantial delay for such a company, but what is amazing is that he will leave in only 5 days and certainly will not pass on the knowledge he gained in 4 years and this indicates the real story behind the beautiful words” end of term”.
Just recently, the company received a claim worth NIS 24 million from a customer due to the fact that the goods kept in the company’s warehouses were damaged, to which we can add that it is dealing with falling shipping prices and rising inflation – the company even asked to increase the amounts it charges customers – but being manipulated in the shipping field is not always Makes a face because it cannot raise prices like a normal company, but must obtain special permits for this.
The stock has recently fallen to 900 and in the last week made an impressive comeback of 10%, the company is owned by the Levant family as well as the holding company of CPA Yitzhak Suari.