average down or wait till it goes bust?, page-65

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MOSSuMS

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04/12/15

19:27

Post #: 16550227
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Originally posted by Feng1 ↑

I bought in the for long term knowing that it has short term issues. In the long term with the right management, I fail to see how the business can't succeed particularly given that ALL the other home entertainment/electronics retailers are making a bundle.

Perhaps they need to stop opening so many stores, focus on the ones they do have through re-branding and cost reductions (maybe close down some stores?) and importantly, really focus on their online business. Opening more stores isn't really consistent with moving more towards online.

I have full confidence that with the right leadership, $2 is easily achievable within a short period of time and we'll all be laughing.

Hands up who thought Qantas would be another Ansett only a while ago? But with the right management, look at where it is now.

I hope for all of our sake that recent media report Nick's getting the sack is on target.

http://www.smh.com.au/business/reta...mbattled-ceo-nick-abboud-20151202-gld7sq.html

Just go mate, it's probably better for the shares you recently purchased before your announcements killed your own money.

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Qantas would be in deep trouble if the POO price hadn't come to the rescue and given them some breathing space to get costs out and invest.

http://www.abc.net.au/news/2015-08-20/qantas-profit-propelled-by-lower-fuel-prices/6711174

I'm not commenting on the quality of the Qantas management, as I think there are structural industry problems.
The quality of DSH management? Well, that has to be questioned.

DSH Price at posting: 39.0¢ Sentiment: None Disclosure: Not Held
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average down or wait till it goes bust?, page-65

Top Stories

Westgold sets its sights on top five producer status through merger with Karora

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Is oil undervalued?

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

GreenX picks up prospective copper project in Germany

Venture to sniff out high-grade REE targets at Jupiter project, WA

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

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