Good Post!!! Sraight to the point, 100% correct. However, how much lower will this take then SP? I think we may see the 20's, before a strong recovery!!!
watch out for the dead cat bounce23 Oct 2015 20:30
this will follow at some point. Shares have the ability to rise and ''draw in the mugs'' those who feel it is about to take off again. What follows is one hell of a ''smack in the teeth'' when it drops below the point at which these ''mugs'' entered. From there it drifts lower and lower and the rest!!! I feel it will fall below £1 pretty soon.
I think that this company is at the mercy of global markets. There is no strong evidence to suggest things are getting better, if anything the reasons why we have seen profit warnings continue to weigh.
when you say ''a recovery this year'' do you mean a recovery in the SP or an end to profit warnings, because I feel thye latter is the case. But this will not help the SP. Only a ''strong recovery'' will help the SP, that is not going to happen this year. At the earliest late next year. In the meantime this will drift lower.