My Staffing Business

It's a good one on balance sheet fundamentals, but they just don't make any profits, haven't done for a long time, and don't look like doing so. If they chaven't performed in the last couple of years, they're not going to.

I once met the CEO, Zelienski, who is basically a finance geek, while he was working for Express Newspapers, me applying for a job. Nice guy, but not a CEO of a public company looking for profitable revenue growth as opposed to cost cutting, indeed the manner of his appointment seemed to be because nobody else could be found.

And that's a classic statement in terms of finding new ways of articulating that their costs are too high and they messed up.