Quiksilver's stock crashes
are yo out there Stu
Yep, and been watching intently too.
Noticed Quik just picked up Ezekiel lau.
I read their reports too and they did seem as if they have enough cash for the next 12 months or so but clearly the market doesn't seem to agree. Can't see a long term future for them under the current ownership!
Shame about such a great company. I heard it used to be run by surfies (as stated by Brutus) and when it was it was successful because it had core but when outsiders started running it and didn't know what surf really was, well that was the beginning of the end hey
whoa that chart is train wreck, hope folks were collared
whats sad is ..the execs have all been paid....small group of families have cleaned up , and are set for life...and those who work at QS....no job security , no real future....the cycle has come.....Q/S doomed to be one of those cheap super market brands......
Yes Brutus, they should have stuck with the surfies because they ran a good tight ship. It's when they brought in outsiders that it all went wrong. Only surfies can run surf.
Bob," they " couldn't stick with surfies, it was "they " that sold out
"They" were the surfies. ;-))
And no one likes those surfies.my mates down the ford and holden wreaking yard hate the cunts...:)
mmm, the same blokes who set the strategic plan that has left quicky to fail are now running the WSL?
KS timing has always been good, did he see this coming like a rouge set?
Kering market capitalization just a tad better ...
shaun wrote:Bob," they " couldn't stick with surfies, it was "they " that sold out
"They" were the surfies. ;-))
Billabong all over ... ???
Hi Stu.......had a couple of calls from the USA.....big rumours running around Quiky .....after their stock price went from $1.26 > 60 c........the CEO's 2nd quarter press release is and was a doozy......looks like all the institutions have now dropped them......they need to borrow a lot more money...won't give anymore forecasts , going back to their roots ( their wives will be happy!) ...after sacking a business heavy weight.......looks like those surfies who originally got the company into trouble...are back at the helm with no plan......
Is chapter 11 the next step?