Ann: Half Year Results Presentation, page-7

YOW is done, not least because management has zero credibility, but even on their rosy forecasts there is nothing but more losses to come for the foreseeable future. Walmart is going backwards and there is no reason that we should not expect another stock adjustment in the future - do people think that whatever caused the first one (damage and theft) is not going to occur in the future. Add in the new competition from KS and the future is looking so bright I need to wear shades.

Of course I am interested in YOW or else I wouldn't post. There is an amazing amount to learn from YOW, not least the importance of good and honest management.

It is all irrelevant what the current management is planning, because even if YOW had amazing management the sharks are going to tip everyone out in the near future.