YBR 0.00% 8.9¢ yellow brick road holdings limited

Ann: YBR Trasnsitions Former Resi Franchisees, page-2

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  1. 1,834 Posts.
    lightbulb Created with Sketch. 92
    I wont bother calling Abby to discuss the upcoming quarter results because ..well, she's not there anymore is she.
    And how many of those RESI branches continue to operate ? Not many I surmise.
    This quarter will reveal the turnaround that wasn't..and never could be despite the exhortations of the chairman.
    A declining loan book, the drying up of the high margin Non Resident mortgage origination ..just a symptom of a business in decline and what will I expect be steep decline once the Hayne Commission pulls a few errant YBR executives in for some treatment .
    Those smart MVT guys who have paid hard cash for the 19.9% YBR shareholding..wont look so smart come Monday.
 
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