Ann: CEO Address to Shareholders, page-10

Started to take a look at this one. Sounds like further downside to come with half year results.

Also the mission statement of looking after customers is, as Basil Fawlty would say, stating the "bleeding obvious." What were they doing before ?

They have clearly lost a lot of staff. That may be the main issue holding the new businesses back, but who knows?

For all that, the market cap to sales ratio is very cheap. There will come a time to buy this stock, but not just yet. IMO.

Unfortunately, I can't see much hope of a takeover as Hills is still a conglomerate. But maybe a break up if shares drop below 25c.