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mow

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  1. Noticed a photo from October 1929 of 4074 Caldicot Castle stopped at Totnes Station with a train with two 14 inch guns from the Chilean battleship Almirante Latorre. A LMS 9 planked wagon is between the tender and the first gun. It was posted by Totnes Image Bank. 

  2. Small factories are indeed being closed in some places in China for air pollution reasons but I don't think Hornby is in that category, and as you say labour costs are indeed rising, but Hornby have known this and planned for it..

     

    With shares at under 30p it could mean a trading halt or perhaps a buy-out ...  does anyone know the nature of conditions where trading is commonly halted?

    Running out of cash.

     

    A profitable company can still go out of business, if it runs out of working capital or cash. 

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