Hi -Im hopeful with the new management.The aussie dollar should...

Hi -Im hopeful with the new management.
The aussie dollar should have a significant effect to profits seeing as they used it as the excuse for last finacial report.
Always worries me when I ring a CEO and ask what there currency hedging strategy is and I get told that its not possible. ????
Either they dont have enough cash flow to hedge or they have no idea.

Given they are so exposed to the currency markets you'd think this would be a focus.

I got the feeling something went wrong politically in Malaysia to see the earning evaporate so quickly.
Th election was used as the excuse but I suspect a business relationship went sour - or someone burnt some bridges.

This 1/2 year should see any dirt declared by the new CEO and blame passed to the old (Standard practice).

I looking forward to the report and CEO communication.