average down or wait till it goes bust?, page-65

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04/12/15

19:27

Post #: 16550227
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Originally posted by Feng1 ↑

I bought in the for long term knowing that it has short term issues. In the long term with the right management, I fail to see how the business can't succeed particularly given that ALL the other home entertainment/electronics retailers are making a bundle.

Perhaps they need to stop opening so many stores, focus on the ones they do have through re-branding and cost reductions (maybe close down some stores?) and importantly, really focus on their online business. Opening more stores isn't really consistent with moving more towards online.

I have full confidence that with the right leadership, $2 is easily achievable within a short period of time and we'll all be laughing.

Hands up who thought Qantas would be another Ansett only a while ago? But with the right management, look at where it is now.

I hope for all of our sake that recent media report Nick's getting the sack is on target.

http://www.smh.com.au/business/reta...mbattled-ceo-nick-abboud-20151202-gld7sq.html

Just go mate, it's probably better for the shares you recently purchased before your announcements killed your own money.

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Qantas would be in deep trouble if the POO price hadn't come to the rescue and given them some breathing space to get costs out and invest.

http://www.abc.net.au/news/2015-08-20/qantas-profit-propelled-by-lower-fuel-prices/6711174

I'm not commenting on the quality of the Qantas management, as I think there are structural industry problems.
The quality of DSH management? Well, that has to be questioned.

DSH Price at posting: 39.0¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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average down or wait till it goes bust?, page-65

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