what you need is a CEO who can deliver these outcomes.
mr Banducci is not the CEO to do this.
i will give you an example- the Reject Shop (TRS) were in struggle street until they were fortunate enough to snag a Mr Sudano as CEO - he not only transformed the business, but the PE ratio is now 23/1 and the sp went to $13.50 from $6 and it has no listed % shorters .
look- take a reality check- since this clown has taken over WOW, he has done nothing to change the shoppers perception, because he doesn"t have what it takes, and the guy was already up to his armpits in fruit and veg. before his appointment.
so what now for WOW- they will slash margin even further which means Coles will follow suit.
in other words-both WES and WOW sp will decline.
cheers crazypunter
what you need is a CEO who can deliver these outcomes. mr...
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