RE: GLG1 Mar 2024 11:29
bhaveen.
i did the same, looked for a covid recovery stocks and followed them, i really did not do more than look at the forecasts , precovid share price and dilution to get to a 2.4 share price on post covid recovery.
quite clearly the busineses is performing at that lebvel know, and normally the stock price beats it there, as you need to be in early to get the gain. so only once in i have done more digging thinking way is that is not moveing.
the biggest thing i have found it the company just does not have a clear stratergy on how it going to make money. it seems to just use vague terms like maximise customer experiance.... which is just bull**** as far a a bp is conserned.
at the sametime, my retirement date has moved forward more than i expected so i find myself in this slow moveing stock , that i am sure will recover, but neeeding to start thinking much harder about adressing my portfolio in income baring steady stocks for the long term and retirement in the next 12-18mths....
gggrrr
i do think the smt can do more to progress the share price, which it needs to do to for aquistions.. i just dont think it is being run very dynamically at the moment at all. there focus is sustainability / diversity / customer service which would be same for any public body... but they are a compnay not a compnay body...
but i did not look at this until the recovery was not happening, which really is my bad.