Comment / On the wires: 'No interest whatsoever' in troubled Toll Group as it readies for deeper cuts & misery builds

“Toll Holdings is struggling to make money in increasingly competitive logistics markets despite ongoing pressure from parent Japan Post Holdings, whose market value has slumped to all-time lows as it tackles an insurance scandal.” – The Australian Financial Review, 14 August 2019.

Going nowhere fast: As if fiscal 2019 wasn’t challenging enough despite catchy headline growth numbers (things reportedly aren’t that rosy as far as core cash flows and net losses trends are concerned), the start of fiscal 2020 in Q1 was more ...