BBG 0.00% $1.05 billabong international limited

No profit, page-11

  1. 505 Posts.
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    Yes I bought in recently believing the brands had turned the corner. Yes their marketing is very good just hoping it is cutting through.

    I agree becoming a brand which isn't just surf is the future. People in surf industry never pay full price.

    I am a believer but am worried about Australia and think they will have another clean out of mgnt. I believe they need to clean more dead wood out.

    The Australian business needs to get leaner and hungrier like the USA.

    Mgnt to often Comes up with a soft excuses. I thought excuses had ended but I guarantee they will come up with another one and I will lose my marbles.

    Good companies don't do that they are ahead of curve and adjust stock , costs , inventory to ensure numbers are meet.

    So Australia needs a kick up the arse

    Bottomline CEO is good the brands are coming back and quality of product on the up

    They need a new chairman and cfo in my opinion

    I recon they miss earnings again but if not by much stock goes up if they miss by a bit then heads will roll and private equity will get more involved

    With EV of say $425 mil means business is to cheap
 
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