Rob Patterson (born November 9, 1970) is an American guitarist and composer. (wikipedia)
We're comfortable that the recovery is on track, although it's going to take a long time. Some investors were hoping for a positive surprise, and the stock is down a touch, but we're happy with the company's strategy.
We thought it was a good result, the dividend was above our forecasts and the acquisition of those life businesses from National Australia Bank makes sense.
The buyback is a bit larger than what was expected.
We're certainly expecting a pretty solid result and potentially a capital return of that quantity.
We're a little bit cautious that David Kirk hasn't been there long and it's a pretty big move.
The stock had a bit of a run leading into the result. We're happy with the result and the 10 percent earnings guidance.
It makes sense to have alternatives on the table.
They've tried to improve Myer but they will be better off without it. Myer seems to be trying to be all things to all people and it needs to find a niche like David Jones.
Unless an offer comes from someone else it's game over.
It was a positive result and their outlook statement of 20 percent-plus EPS growth was pretty solid.