sell off, why exactly?, page-4

  1. 10,605 Posts.
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    Gday arthurd,

    the answer to your question is that the new management hasn't actually been at it for that long. Trying to turn around the financial performance (permenantly) in a reasonable sized company (other than just cutting stuff off for short term gains) invariably takes a year or so.

    imo the new management are travelling exceedingly well in that regard.

    Personally I would be very happy to see this current announcement from YTL - especially the indicated hint to the proposed use of funds that will be raised.

    Excellent news.

    I don't currently hold. (Wish I bought some when they breifly hit 14.5 during the week rather than just posting about them! LOL!!!)

    Cheers,
 
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