Or, one cloud raises the question of whether the company is being run properly or whether the major shareholder is not fulfilling its promises. Independent of the answer, management’s typical reaction is to start a cost-cutting programme propelled by making people redundant. Additionally, we do not understand how management has come to the conclusion that the reduced guidance was met. Our earnings expectations have not been met.
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Missed expectations
- Published:
28 Mar 2019 -
Author:
Martin Schnee -
Pages:
3
Or, one cloud raises the question of whether the company is being run properly or whether the major shareholder is not fulfilling its promises. Independent of the answer, management’s typical reaction is to start a cost-cutting programme propelled by making people redundant. Additionally, we do not understand how management has come to the conclusion that the reduced guidance was met. Our earnings expectations have not been met.