If one reads the report from 19/08 and 02/12 they read very similar in their statements, yes the revenue and EBIT figures have dropped dramatically and this is explained why they believe this has occurred, but still remain at levels that many business would be more than happy with.
At the end of the day people on here (barobil and company) have provided more blue sky predictions than the company ever did(which were none), as you say they have not released predicted future numbers at any time. Really the business is in pretty good shape overall, just not the wild growth that was occurring, which was always going to slow down.
Many people making baseless claims based on thin air, yes the company will make changes as this is what will be expected by the market but overall from what has been released by the company(not media and hotcopper speculation) whilst it will be a company becoming a normal company it will still be a profitable company.
End of the world no, reality coming to the fore yes.
BAL Price at posting:
$6.68 Sentiment: Hold Disclosure: Held
