SRF 0.00% 0.0¢ surfstitch group limited

Ann: Director Appointment/Resignation, page-15

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  1. 34 Posts.
    A bit of grey hair, or no hair, and experience goes a long way in business. These types of people can say no. No to dumb purchases, no to stupid deals etc. All SRF need to do now is to simply get a tiny margin on the $250 of sales they make a year. 5% margin = $12.5m profit a year. Thats all they have to do. You dont want another inexperienced nut job in there running it - SRF just needs a sensible head to extract costs, manage stock properly, and keep sales ticking over. Hopefully Kogan comes in and buys 20%. Hes pretty sharp.
 
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