The foundations of the multinational DAY are staggering as you go through your worst moments and is that his shares have cost 0.67. DAY is an international company in the food, household, beauty and health distribution sector.
But if this chain of stores is known to everyone, it is because we have it close by many times and it supplies us with different food products. Well, we will see if it continues to be the case soon because the company is at a low level.
DIA suspends its CFO
The price of its shares is coming to cost the same as some of its products. As published ABC Economics, “There are several assets that can be purchased for the price of the company's share today. Of course, all of them belong to their white label. Thus, for 0,69 euros you can buy a kilo of carrots or 280 grams of green pepper. »
The worst moment was last week when losses of 56 million. The consequence was the suspension of employment and instantaneous salary of Amando Sánchez, the financial director. And it is not the only movement that has occurred in the business leadership of the multinational DAY.
As you can see in the following image the actions of DAY they have fallen tremendously and with it the confidence of investors.
Drop in your stocks
The all-time low has been set at € 0.66 / share, which he has reached after a few months of free fall. It can be verified, and notions of trading, that his financial health is very weakened. The company has a total of 42.000 employees in different countries such as Portugal, Argentina, Paraguay and even China.
Journalistic sources assure that «franchisees and former franchisees in Spain and Argentina They reported that the company scammed them through the inventory system and that it does not compensate them for what is sold at a discount, which led them to borrow more and more with the company to sustain the business, until they were bankrupt. Breach of company promises about profit percentage, etc., and abusive practices are also reported. ”
It is time to wait to see if there is news about any movement by the multinational. You must try to come out, but this last blow is very strong. So much as to leave the trust of its shareholders and people with whom it collaborates very weakened.
