Toyota, page-7

Piss poor result, but well and truly priced in. Shorts got it right. Like the rebound from lows today, suggests shorts covering.

I was a buyer today. One snippet of positive news, will have the SP back above $4.00, probably in the low 4.00s. One thing that irks me, is that still I am waiting for reply to my email questioning the massaging of news in the quarterly, clearly they think we are idiots that will swallow that bs on production underperformance.

Note: Andrew Barber you are employed as Investor Relations, yet cannot answer a shareholders email? The management culture appears to be one of disdain towards shareholders. Probably understandable considering the botch ups of the last 3 years. I remember exiting years ago when they got the pond pumps wrong in the design. It seems they continue to get things wrong, but eventually there is nothing that can go wrong, as they have already experienced all those scenarios.

CEO changeover will the most significant step change in my eyes.