Ann: June 2016 Quarterly Report and Appendix 4C-YOW.AX, page-57

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Kikker1959

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27/07/16

08:24

Post #: 18373910
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Originally posted by CEM ↑

Investing - most of your issues are the exact ones I was noticing over the last 12 months but I won't go on about it as I feel sorry for the long term holders. Personally, after the whetstone debacle and then not communicating I lost all respect for this company and chose not to be involved until it was sorted. Clearly it is getting worse.

I do disagree with you greatly about it's a supply issue not a demand issue. Every peice of communication to the market reinforced that production was always able to keep up with demand and there was no disruption to supply. The most obvious issue was the way they chose to deceive the market in communication. RSV!! In these numbers were two massive stock ups of WG and WM but they passed it off as steady state demand when it wasn't! Further, they lead everyone to believe that demand was off the charts when they clear statements around 1millionth Yowie etc. if they can be so specific as a peice of hype why can't they just tell us how many Yowies they sold each qtr?

The biggest forward problem however is even more problematic for long term holders. New management and the incentives that now exist for them. They are incentivised to clear ship. Firstly because what Loxton has left is a massive Robbie Cook handball. They will will definitely clear the decks, reset he reality, share price will get pumped and they will have all their performance options set at much lower prices. Only then can you invest in this.

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Gents, could it be that Angry Birds have not paid their invoices to YOW yet?

YOW Price at posting: 70.0¢ Sentiment: Buy Disclosure: Held
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Ann: June 2016 Quarterly Report and Appendix 4C-YOW.AX, page-57

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Ann: June 2016 Quarterly Report and Appendix 4C-YOW.AX, page-57

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