CY19 is later than FY19. It could be Dec19 before we get the next update to SAMR is on its way (yet not here). Management are taking forever.
- They lowered forecasts (their previous guidance was optimistic)
- They miscalculated stock provisions by $12m
- They lost share to A2M
- They failed to keep to rebranding deadlines
They are setting us up for failure.