QAN share price.
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Join Date: Nov 2005
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QAN share price.
While management types pontificate as to why the share price is south bound, I thought my learned collegues at the "PRUNE" may be able to help them out with a few home truths.
Thought we could list a few of the more recent mistakes that may have led investors and institutions to dump their shares in the wake of doom and gloom comments from the chief.
If I may, I will kick it off with a few clangers. Feel free to add to it!
Classic refurb
Jetstar Asia's bottomless pit
330 floor mods
Charging premium customers skybed prices when they werent fitted to the A/C
Failure of AO as a viable entity
Losing market share to an opposition it created. (Or to look at it another way, still flying the same people, but getting less money for it).
200 mil losses at QF IT
Staff engagement survey handling
Hiring Jamie Packer, the laziest and most truant board member in Aussie corporate history
Sacking engineers and then wondering why nothing gets fixed in SYD
Sacking people, and blaming the price of fuel
Lobbying the Govt for protection, while accusing the opposition of being protected
That should get the ball rolling on some constructive criticism!
Thought we could list a few of the more recent mistakes that may have led investors and institutions to dump their shares in the wake of doom and gloom comments from the chief.
If I may, I will kick it off with a few clangers. Feel free to add to it!
Classic refurb
Jetstar Asia's bottomless pit
330 floor mods
Charging premium customers skybed prices when they werent fitted to the A/C
Failure of AO as a viable entity
Losing market share to an opposition it created. (Or to look at it another way, still flying the same people, but getting less money for it).
200 mil losses at QF IT
Staff engagement survey handling
Hiring Jamie Packer, the laziest and most truant board member in Aussie corporate history
Sacking engineers and then wondering why nothing gets fixed in SYD
Sacking people, and blaming the price of fuel
Lobbying the Govt for protection, while accusing the opposition of being protected
That should get the ball rolling on some constructive criticism!
Join Date: Jan 2005
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I have a sneaking susspicion that GDs kpis are based on cutting costs, and not share price performance. I am sure if it were the latter, then the Qf share price would be a fair bit higher (as this would be the focus of his potentail bonuses)
Join Date: May 2005
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as dame margret said
we have an external consultant advising on excecs pay. have you ever met a consultant who would advise to cut wages. that would put him out of business.
Join Date: Feb 2004
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At the time of hiring, "Consultants" are told of the result the company wants to hear and the "Consultants" have to justify it. The company then states that the "Consultants" said we have to do so and so.
Otherwise why hire 'em.
Otherwise why hire 'em.
