RE: Another flop16 Apr 2024 16:24
As a DOCS LTH, I am fuming. I thought all the bad news was out in the dreadful January update and the series of preceding poor updates. Yet they had even more bad news to come, this one really blindsided me especially as a trading update wasn't even due today. The markets hate it when companies drip feed bad news and DOCS will have to work hard to regain investor's trust, also it's laughable that they are spending more money to retain talent, managers who couldn't organise the proverbial in a brewery. These US issues have been festering for 2 years now and they still haven't sorted them out. I'm not convinced by the new CEO appointment, he's inexperienced and a branding man who will happily fritter away cash on marketing, what we need is a battle hardened nuts and bolts CEO right now. I'm certain this will recover but when and how I have no idea.