This ann doesn't bode well for management's ability to forecast....

This ann doesn't bode well for management's ability to forecast. At the AGM on 26 October they commented that 1H19 would be better than the corresponding...and this after close on 4 mths of data. Just 2.5 months later they revise the whole thing down by about a third less than previous. Hmmm.
Given such a skew on earnings to the 2H we really are betting the house on a strong US season. Patience is running thin. Can they really execute the strategy, or is this just another over-promise and under-deliver?