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Ann: Half Year Accounts, page-52

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Blommer

2,935 Posts.

149

16/02/17

11:40

Post #: 22662590
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Originally posted by mrdin ↑

It's pleasing to see based on many HC posts and feedback at the presentation that the results were assessed as positive.

Judging by the current SP I'm just glad these results weren't viewed as negative.

IMO management however only have themselves to blame for the clumsy handling of the CR late last year which lost them more than a little credibility; and I thought the previous CEO was less than helpful.

In hindsight broadening their business into America where they have to compete with established businesses may not have been the easiest or most immediate place to gain traction and is perhaps another legacy of Simon Crowther. But they are there now and are unlikely to consider another expansion until the investment in the US proves viable.

As SH's our choice is simple... we either bail out now or wait it out, and no amount of down or up-ramping is going to change the outcome.

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NEA Price at posting: 59.3¢ Sentiment: Hold Disclosure: Held
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