‘Unappealing’ Moa downgraded, faces capital raising, analyst says

Moa’s [NZX: MOA] disappointing sales, shrinking cash pile and slow growth in offshore markets has prompted a downgrade by Forsyth Barr, which says the investment case is “unappealing.”

The listed brewer and beer marketer was already under pressure, after ousting distributor Treasury Wine

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David Williams
Wed, 28 May 2014

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