As discussed previously here, it looks like the new CEO is indeed serious about restructuring the business.
Lots of things to digest ... name change, Gruden acquisition, intention to dump US/UK operations, focus on entertainment and Chinese tourists, and cost savings from restructure. All these in theory seem to be in the right direction. Not sure how the market is going to react on Friday though with all the justified mistrust against BPS. What do we think?
BPS Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held
