"Just read the update...their operational problems are much worse than they have let on....it is going to take a long time to gain back lost customers confidence, shareholders and get back on track."
I must say I gained the same impression.
Note: Have a look at HZL. HZL issued a presentation only last week forecasting 5.4 cents EPS for y/e 30/6/07.
On a PE of 12 = 65 cent share price. Currently trading at 45 cents.
