GXL 0.00% $5.54 greencross limited

I have a different take if you read their announcement...

  1. 2,965 Posts.
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    I have a different take if you read their announcement carefully, they don't have a revenue issue, they have cost controlling issues and being an ex- QAN man he knows all about cost control.

    so plenty of money coming in if you can reduce cost and tightly control it like QAN you get a good profit driver once these cost control processes are in place.

    The vet business made up 30% of their revenue and probably 40% of their profit so not be all end all if they run into some issue with Vet side, the retail side is still very healthy.

    I stand by my conviction market overreact, it will be a different business once Hickey keep the cost under control and growth will come in FY2019
    Last edited by ROEROC: 09/05/18
 
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