45% plummet, page-26

Hi All,
ELD really in dangerous territory.
Agriculture, for a number of reasons, isn't all that healthy.
High dollar, recession in major markets, high debt levels?
ELD a retailer/service supplier, question in my mind is, how good are they at this core task?
Balance sheets can implode quickly if they start to lose customer share, in what is a market with plenty of competition.
Have heard anecdotes that morale at the coal face not terrific, and service levels off.
Nothing in the announcement suggests anything real will be done to improve these problems[assuming they exist]. Interesting to know how Landmark etc, are travelling, to get an idea on how much of ELD's problems relate to any deterioration at the retail interface.
cheers