In management we trust that they are taking a company forward...

In management we trust that they are taking a company forward and in the right direction.

The arguement was put some years ago that the understanding of business combined with international influences was lacking by the previous CEO and management.

IMHO their PPP (p... poor performance) is confirmed even further.

Hills decision was to get out of steel and "transform" the company into a "technology" company.
The tech businesses were already existing mind you, so it was more a case of asset disposal of the unwanted!

At the time margins were being squeezed, the $A on parity with the $US didnt bode well for manufacturing V imports.
To sell steel assets at this point of the cycle was a commercial disaster as the sale would never maximise its potential.
Orcon was gobbled up by BlueScope, and yes, for a STEAL!

Whilst Bluescope have soldiered on recovering their shareprice from $2.70 to nearly $19.00 in the last 3 years Hills price has plummetted from its all time highs of $6.70 to its curent dismal 21.5 cents since 2007.

What a difference it makes having someone at the helm that understands how to drive a business, as Bluescope have illustrated, rather than drive it into the ground!