RE: Setting up for disappointment5 Jan 2021 18:38
I have been reading with interest some of the posters concerns that we have got over bullish on forecasts for numbers. I am of the view that they will beat broker forecasts at all levels-sales, EBITDA,EPS and cash. However, I am also of the opinion that if they just hit broker forecasts and remain bullish about 2021 prospects the stock will re-rate. There are alot of investors out there who will have NCYT on their radar, but want proof and certainty of numbers before they invest rather than simply speculating on what numbers may be before they are announced-this certainly applies to a number of institutions as well as PIs.If the shares hit broker numbers and the 2021 outlook is solid they will buy after the event for the re-rate. Many investors are very happy with 20/25% annual returns, unlike many on here (myself included) who want 100% plus.