RE: Turnaround5 Feb 2024 10:28
HullFC4ever - “ A transformation from being on the knees does not happen overnight.“ Absolutely spot-on.
CEO has stated market leader in 4 years - that’s a big bold statement from Mr Kelly and I think it’s quite a tight time frame, but he has put it out there and he will be judged on it because if he doesn’t make that, it will be seen as a missed target and a failure to deliver.
Without rebuilding trust, which certainly doesn’t happen overnight, the share will not be worth anything to anybody let alone be a take over target. Current management are going about this the right way…… they are rebuilding their brand and their business and they are going to market with their prospect. Time and patience are required because they need to earn their place. So many people, both institutions and private investors, are deeply underwater here, and it is unrealistic to expect a fast turnaround in either sentiment or the bottom line on the ledger.
I think they will do it, but it will not be a fast process…. I’m not even sure they’ll do it in four years. This is not a trading share…… this is a long-term hold for what could potentially be incredible gains.