Billabong the next Dick Smith?, page-6

I am a little more bullish than some posters. They stated in their outlook in Feb that they were up on PCP in the first 2 months but that a lot depends on the June revenue given it is such a big month. Retail sales seem to be OK in the US so expect a reasonable result. This is trading at the equivalent of 26 cents pre consolidation which is is down over 50% when the results have not been that bad. Little downside from here I think.