RE: notaflipper19 Dec 2021 14:52
@canetoad
I just feel like iv dodged the bullet here. I knew results was going to be out year end, iv mentioned this many times here.. some were saying 2nd week of December. Many position themselves end of November paying 46 to 47p expecting good results when it was due out... I and many others was expecting good results too. So I was going to take this week to take position so if results came out within the week or year end which is what I was told a month ago by IR. I would have hopefully gained. I was considering a very largish position of around £200k...luckily, the trading statements came out Monday morning, beating me to it before I could take a position...I couldav been gutted and potentially lost healthy returns had the result came out good... but the results was soo surprising disappointing. I was expecting revenue growth to be 4 times what was stated, I was expecting debt reduction, and was expexting a suprise in there...however we got the good old statement that covid has slowed growth giving a deflated outlook at a time when things are set to get worse...I felt a sense of relief otherwise I wouldav been sat at a lost off around 43 k..so am glad and thankful I had this in my head that result were out year end otherwise 43 k wouldav been a huge loss to neck...yes paper loss but a loss when macro factors and sentiment being negative and volume beginning to drop can be very dangerous when ur down sustainably. So I am grateful hence why I wrote the message about understanding the facts and not a bald statement what they hope to achieve in 18 months time. I was expecting transformation in three years and not 6 years later and counting...so yeah people are sitting at paper loss and I do feel for them. It couldav been me. However. Its unfair to ramp to get new investors trapped on a bald statement.
Sign In
Follow the stocks
