It was a positive result and their outlook statement of 20 percent-plus EPS growth was pretty solid.
More Quotes from Rob Patterson:
When you put his arm that was not bitten into an uncomfortable position, he does try to move that into a position of comfort, ... He wiggles his toes. As yet, we don't have a sense that on any continuous basis he knows exactly where he is ... but he does respond to outside stimuli.Rob Patterson
It's a disappointing result. Clearly, given the result, they do need to do some work on their operations.
Rob Patterson
They've tried to improve Myer but they will be better off without it. Myer seems to be trying to be all things to all people and it needs to find a niche like David Jones.
Rob Patterson
If you believe in new management's plan to deal with all of the issues, it is going to be a more profitable future.
Rob Patterson
To get it away, they are going to have to virtually give it away. There are too many uncertainties about the outlook to get it away satisfactorily at the moment. I think they ought to put it on hold.
Rob Patterson
We're comfortable that the recovery is on track, although it's going to take a long time. Some investors were hoping for a positive surprise, and the stock is down a touch, but we're happy with the company's strategy.
Rob Patterson
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