I read the report and I am glad I am no longer a holder. I like...

I read the report and I am glad I am no longer a holder. I like the new CEO as he has included a lot more information than past reports. That's the biggest positive of the latest results. Everything else goes from bad to worse. I read almost the entire 13 page release and the only positive thing was the china label sales are expected to be higher. The rest of the business is buggered. The performance in the US is horrible in my opinion and it's only a matter of time before they exit that market like the UK.
One other positive not mentioned in the report is that H2 22, the Australian borders are likely to be open and there could be an increase in daigou sales... but this is not something that can be relied up since the company admits trends in the China market are away from international brands.

I don't know what the SP will do but the report reads about as bad as it possibly could. I will say new lows incoming (i.e. SP below $5). The only way this goes higher is on a takeover.