Mark McInnes Returns - possible Turnaround for...

Mark McInnes Returns - possible Turnaround for PMV
Article:
Premier chief Mark McInnes promises quick earnings rebound (Premier Investments, PMV, $5.12)

http://www.theaustralian.com.au/business/opinion/premier-chief-mark-mcinnes-promises-quick-earnings-rebound-premier-investments-pmv-512/story-e6frg9lo-1226101622887


Mark McInnes is one of the star CEO in the Retail industry, until a scandal (non business related) hit and had to leave his former post at David Jones. He is now head of another smaller retail outfit Premier Investments PMV. This is actually not an investment company, rather the group for Just Jeans clothing.

PMV is currently an unloved stock and has hit rock bottom. This is a very good opportunity if it actually turns around and shoots up. In terms of fundamental analysis, look for strong quarterly growth. In terms of management, PMV has a proven CEO.

This would be a good example to apply the techniques called CAN-SLIM by William O'Neil in "How to Make Money in Stocks". The summary of the method can be found at:

http://ozstock.blogspot.com/2010/12/canslim-method-william-oneil.html