Calza
I followed the stock with great interest for some time as it looked like they were building soemthing really good. However, they have a CEO who knows nothing about the finance broking industry. It seems he and others in the executive are just there to make a few bucks at other peoples expense. Key staff member have long since left and are now working in direct competition to them, their broker network which was their bread and butter for many years is in turmoil as all focus seems to be in the eChoice brand and online transactions. I expect the eChoice model will be sold off before too long so as to make a short term gain.
In short, management need to stop the long lunches, conferences at 5 star hotels and basically pull there finger out! Unfortunately it wont happen while the CEO prances around Bondi beach chasing the beutiful women - can be seen there most mornings.
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