Ann: AHG ANNOUNCES NON-CASH IMPAIRMENT AND UNUSUAL ITEMS, page-3

Finally management is starting to look at reducing balance sheet which in my opinion is way to high and close underperforming businesses but at a huge cost. What a disgrace very poor management ever since John McConnell became CEO profits have declined. AHG needs a car dealer as CEO not an accountant he needs to go and some on the board with him. Also in my opinion some dealerships were purchased for outrageous prices ( city mazda south Melbourne )  just one example.