Congratulations

  1. FY1
    370 Posts.
    lightbulb Created with Sketch. 21
    It appears that The current Management and Board continues to improve their new direction and strategies quarterly reports over the last years as follows:
    1-Deliver double digit declines vs prior year every quarter and sometimes communicate results as expected
    2-Promote non-performing employees and keep them even if they continue to deliver record poor performance
    3-Deliver lower margins
    4-Announce new distribution in large number of stores even if sales are declining and offer limited updates on the volumes and impact to the business.
    5-Announce new marketing strategies that have low or no impact in sales
    6-Announce global expansion to new markets with low or no impact in sales and provide limited updates
    7-Provide limited or no updates on potentially recurring issues i.e. Legal claims, Walmart Performance and Inventory adjustments risks etc.
    8-Deliver consistent record-breaking low stock price
    9-Launch lower quality innovation that can potentially cannibalize the base business at potentially lower profitability
    10-Develop and launch webisodes that deliver low consumer acceptance at a high cost.
    11-Reduce Marketing investments over prior years
    12-Claim double digit increases in Yowie World website traffic and Facebook, You Tube views even if Sales decline significantly.
    13-Eliminate non-performing investments (that should have not be implemented in the first place) and claim that the business profitability is improving even if sales and potentially margins continue to decline.
    14-Communicate that next quarter might be negatively impacted by yet another excuse.
    15-Promise positive EBIDTA for the following year
    16-Promise positive Cash Flow for “THE NEAR TERM”
    17-Blame others for the poor results delivered

    CONGRATULATIONS FOR A STELLAR AND CONSISTENT EXECUTION OF STRATEGIES FOR 7 QUARTERS IN A ROW!!!!!!!

    3 YEARS 3QTR RESULTS BASED ON APPENDIX 4C AS REPORTED

    -3QTR Results March 2017-FY2017 (Before Current Management)$5.9M56%GMYTD (9 months trend)-$15.1M

    -3QTR Results March 2018-FY2018(Current Management) $4.6M (Decline reported as expected)??%GM-Not reportedYTD (9 months trend)-$13.6M

    -3QTR Results March 2019(Current Management)$2.37M, ??%GM-Not reportedYTD (9 months trend)-$11.0M

    SINCE CURRENT MANAGEMENT AND BOARD HAVE BLAMED OTHERS IN THE PAST FOR THEIR POOR RESULTS WHO ARE THEY BLAMING NOW? RUMBLE??????
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.