Yeh, just read a bit of the results stuff, am on hols so a pain...

Yeh, just read a bit of the results stuff, am on hols so a pain to trymand read PDF files on my phone.

From memory I was looking for a bit better then 15 mil for FY, so with 6.5 they better get a wriggle on for the 2nd half.

The bit I had trouble with last year and the results now become even more perplexing is this time last year they were claim 40 mil in savings/cost reductions, which should have made the business highly profiable this year. Only conclusion is margin errosion, but then they have talked about not being forced to dicount significantly compared to smaller players.

Anyway, I believe there is a large upside if/when they get their act together and industry starts spending again.

Only positive I have found so far is the low point was Aug 09, so 1/3 of the 1/2 was still travelling downhill.