Thanks Jimmy_C, unfortunately it’s a greater than 2% position and I’m not happy with the performance of my Investment (Dividend down 42%). In your summation above, I appreciate your points 1 & 2, however remember revenues are one side of the equation, expenses are the other, further, there are a couple of Big Ifs in your points 4 and 5.My question is should Management be reeling in Costs NOW, or wait and see whether there in actual fact is an improvement post Brexit.
The CEO's responses (or lack of responses to questions) on the "The Annual Results Audio Briefing" gave me a feel that the CEO had lost the rudder when steering this ship.... A Train Wreck in the making
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