Not saying that analysts are right usually but I read research...

Not saying that analysts are right usually but I read research analysts are questioning increased execution risk from the larger than expected cost out strategy. Not a guru on restructuring so what is this risk? Are they saying that they may accidentally cut good staff, or they stuff up customer service? These days I think digital engagement and self service platforms are worth more in the retail / SME space that is CYB. Bank customers become divas as they progress up the value chain in high net worth lending and the corporate finance space.

I personally think the market and this analyst may be underestimating the amount of fat that can be trimmed off this fat juicy meat that was ripened by 20 years of nab neglect. Although I personally have not set foot in a CYBG branch.