Maybe I was wrong, I found the below, it goes awfully close to a compliment!
“They are applying the correct strategies to a business that had been severely depleted of capital and management talent,”
but he tempers it with
“But expectations have to be realistic and anybody expecting a fast turnaround in Coles’ earnings is likely, in our view, to be materially disappointed going forward,”
Yank, I guess what he is suggesting is that WOW should stay out of hardware and WES should stay out of groceries. One thing I am inclined to agree with him on is the fact that WOW is a little preoccupied with strangling WES which has taking some attention away from its shareholders. Just my opinion, I know it counts for very little!
antidote to errington, page-22
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$70.10 |
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Mkt cap ! $79.50B | |||
| Open | High | Low | Value | Volume |
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