announcement. ouch., page-18

it's either at or close to bottom but a long road (excuse any pun) ahead for these guys and the window dressing needs to end - EPS is a relevant indicator of progress so disclose it even if it is worse then preceding period ...

auto after market is touted in theory to be an attractive industry ("8 billion pa industry" are regular buzzwords in their presentations) - like to know the industry breakdown between, spare parts, smash repairs, testing, conversions etc... so there must be some winners or areas that are better than others - or maybe its just a case of some bad luck: understandably taking on debt (too much) in a bull market, currency issues and a defective manufacturer...

they'll need to give us something at agm time to soothe the disappointment as realistically its gone too far to sell and difficult to justify buying until confidence is restored... that said, could well be a real bargain...