Did you not read my response? Have already had a low ball take...

First 31 Last

Share
Profile

Follow
allaussie

571 Posts.

7

02/03/17

20:16

Post #: 23058701
Share

Originally posted by mickeebee ↑

DID YOU NOT READ THIS - cost "savings" arent stopping the haemorrhage....!

Outlook
•SurfStitch Group experienced trading headwinds in the last few weeks of December and into January and February, similar to other retailers
•Accordingly, we are revising our underlying EBITDA loss forecast from the previous range of ($4.0m) –($5.0m) to an underlying EBITDA loss forecast range of ($5.0m) –($6.5m)
•Cost control initiatives have mitigated some of the impact of these difficult trading conditions and will continue to be carefully managed to deliver on underlying EBITDA closer to the lower end of the updated forecast range

dude - BUSINESS MODEL FAIL 101. TELL THAT TO DICKSMITH HOLDERS - SAME THING...ALL KICK THE CANB DOWN THE ROAD...ONCE ALL "SELLABLE" ASSETS ARE GONE....

THEY HAVE 1 YEAR MAX. I still don't see a growth story - they may even try to buy something again to rprovide more smoke n mirrors...

Expand

Did you not read my response? Have already had a low ball take over offer at 20c. Only way is up from here.

Some of us bought in at 11c, great turnaround so far and plenty more to come from magic mike if you listened to the conference call. Would love to know how much you lost on SRF? Probably bought at $2. Either way stick your sour grapes back in your suitcase and hit the road

SRF Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply