Ann: Trading Halt, page-32

I think 6 million sales could prompt a downgrade? That would leave 10.6 mill for the half year and 19.4 needed (9.7 per quarter). Although 2 quarters have easter + stocking of 6000 stores +, can’t see why they wouldn’t wait a little into the next quarter to downgrade.

Can anyone justify why a company would release a trading halt (builds suspense) to downgrade revenue to start off a new year? Wouldn’t put it past management with our track record but wow would that be stupid.