Tony, tony, tony....who writes this drivel for you...? Let me get this straight: as oil goes up in price, you declare every Friday that the world is coming to the end, fire and brimstone...etc, etc. Now, after a 30%+ fall in oil, you seem to conveniently fail to highlight the obvious...which is that the quickly improving fuel price will result in MUCH better financial results in the coming quarters. Tony....I realise that you Swire princes are considered to be very 'special' people...but please don't make the common mistake of all elites...that of underestimating the intelligence and common sense of your employees. Don't insult our intelligence. Can hardly wait for next Friday's missive... Wishing you and your script writer all the best...
ps. let me guess, you and your cronies managed to put on hedges at EXACTLY the wrong time....didn't you?? (will be interesting to see how they manage to spin this monumental cock-up)