@hankreardon
@Klogg
You guys are hard to keep up with. I reckon you should get together and form a private equity firm. The bright guys and girls in PE think about this stuff all day everyday.
As far as hiving off Mocka I think it is way too early. It does not have the scale to survive on its own on the ASX. I would rather the company invest in expanding its scale and operations in Australia to leverage its online only business model.
An expanded Mocka and a growing Adairs, possibly dipping a toe into Asia could be a compelling proposition.
Another great development from Adairs was the appointment of Jamie Adamson to the Investor Relations Manager role. It seems that the re-rating is on and Jamie has sharpened up how Adairs communicates to the market, the timing of the lasted numbers is a case in point.
Keep up your great work guys, I look forward to sharing ideas and debating.
Cheers.......Daicosisgod
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