PPRuNe Forums - View Single Post - MERGED: Alan's still not happy......
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Old 15th Jul 2014, 19:36
  #4604 (permalink)  
Sunfish
 
Join Date: Aug 2004
Location: moon
Posts: 3,564
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My guess is that they will write down the value of their Asian Assets to zero, that way when they sell them for a dollar they can book a profit.

Any New Chairman or CEO is going to want as much stuff as possible written down before they take over - otherwise that is their first task - a hyper realistic warts and all appreciation of the company followed by some blunt truths for shareholders and staff.

I flew business class Qantas a week or Two ago and my impression was Food? Crap, Equipment? Tired and defective, Staff? Simply fabulous, all of them..
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