Amused you haven't given any reasoning to back up that statement, and I don't see where that conclusion would come from.
YBR is tracking ahead of the three-year business plan published a while back. Specifically that business plan forecast this financial year as the time when the business would become cash-flow positive. That target has been delivered.
Agent training, quality assurance and performance benchmarks have been rigorously monitored and upheld.
The company has a wide range of competitive and award-winning products on offer.
Organic growth in market share has been strong, consistent and sustained.
Acquisitions have cleverly chosen, smoothly executed, and are now delivering benefits in terms of customer base, asset backing, and synergistic savings.
YBR have also aggressively pursued public awareness through advertising, promotional and editorial coverage.
All of this indicates active, strong, proactive, aggressive management. This is only what you would expect Macquarie to demand in return for the backing they provide in terms of products and investment.
So I'm intrigued Amused... what evidence las led you to form the conviction that this company is being allowed to drift amongst the weeds?
YBR Price at posting:
60.5¢ Sentiment: Buy Disclosure: Held
