Hey Stewart, with respect mate , you must be joking. There is no rebound of fortunes here, just more of the same rhetoric to squeeze just a little more life and time out of the shareholders! What’s a Turkish ball bearing company having its product made in Romania going to bring to the DDT coffers? As you quite rightly highlighted, what is the revenue expectations from this price-sensitive announcement? Yep, trust that your destiny with this mob will be true to past form - zip, zip, zip!
With current management by committee, I reckon all the internal senior management will be lining up to take shortly gone but long forgotten old Bottles job - and why not.
Qualifications necessary: Be prepared to receive a huge salary, no experience needed, no idea about the business at all, no focus upon sales, sit around and wait for the fairies in the bottom of the garden to create some magic, worldwide business-class travel, 5-star accommodation, no positive revenue results necessary, shun all shareholders and treat them like mushrooms, provide rubbery and flowery announcements to shareholders to keep them confused and on the edge of their seats forever expecting the infamous long-awaited turnaround, flash company car, expenses paid for (including some dubious entertainment that Rudd'd be proud of) and report to the same bunch of directors who know as little as you do about the business. Ahh yes, rock up, rock up and join the queue with their snouts in the trough...what a job - and none of them have any idea how to rescue the place. Hey wait, I might apply myself ...
I have now finally seen the practical side of the famous one liner, "the blind leading the blind". Maybe management and the Board should fund themselves a seeing eye dog and a white cane for each of their members!!
As beautifully presented previously by another disgruntled shareholder, "Last one out, please turn off the lights!"
DDT Price at posting:
2.3¢ Sentiment: None Disclosure: Not Held
