Is that the church around the corner from the Abbott Day...

Is that the church around the corner from the Abbott Day Adventists?
That joke would have my mother Turnbuling in her grave

Ps: Recent results and outlook hold a few concerns for me but I believe are more than priced in:

- inventory is HUGE yoy
- same store sales declining in H2
- forecast for flat result meaning inventory is not going to go down anytime soon
- new buying centre active in Hong Kong but we are overstocked!

A few questions need to be addressed for this to re-rate:

- what action being taken will improve same store sales?
- how do they plan on dealing with all the extra inventory?
- what benefits in $ or % terms will Hong Kong sourcing provide
- why no buyback or director buying at less than 10 time earnings? (even flat earnings makes that decision a no brainer)