YOW 0.00% 2.3¢ yowie group ltd

Ann: Litigation Update - Yowie Prevails at Trial-YOW.AX, page-35

  1. 10,716 Posts.
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    Major, yes i have been believing too much that management can deliver, but after last year's result and the crazy admin cost they are running, i have lost confidence. I wont be buying in at any price until I see positive moves made by management that get us to break even and profits. Unfortunately I can't see this in the next 2 years. A good quarter or two is not doing it for me. When I see overheads coming down as a % to sales I shall reconsider. I also question some to the management decisions with regards to roll out of the product. That they are not back in Auss, I can't understand. Making movies, books etc all good and well when you are running a tight ship but the purse is pretty loose so that in itself will blow cost out immediately with a slow revenue recovery perhaps to follow from it in years to come. Too many opportunities elsewhere. All IMO
 
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