Countryside Partnerships

As every sailor knows, when the winds are strong and the sea is high and you are being battered from all directions, you hope for calmer waters. This is the situation Countryside Partnerships finds itself in today. It has been a torrid six months, and just as the winds looked like calming a large shareholder tabled an unsolicited offer and another urged the board to start a strategic review. Our advice to the board is that the waters will get calmer. Then will be the time to reflect. Not when in the eye of a storm when margins are at a 10 year low, investors have lost sight of the long term horizon and no one is quite sure who is at the helm. Right the ship first.