BBN 0.93% $1.63 baby bunting group limited

Poor Performance; Lets recap and remember its not Amazon that...

  1. 4,358 Posts.
    lightbulb Created with Sketch. 2092
    Poor Performance; Lets recap and remember its not Amazon that cause the Company is going South.....

    Management blamed the reduction in earnings guidance on increased competition and aggressive discounting which is putting pressure on sales margins, when Amazon was not present in Australia.!!

    A CEO that SOLD at Highs SP 50% of holdings!!

    Bunting shares are now down more than 25% from their initial listing price and it recently released a trading update stating pro forma FY2018 EBITDA is expected to be similar to what was achieved in FY2017,...which is less than its original forecast.!!

    ...And it received the AWARD of SMALL Ords WORST Performers!!  SELL, SELL, SELL

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