RE.£108 Oct 2024 16:16
Hi, if your asking myself why I think shares will be worth more money next year, my view is I’m confident that the company will make progress on its ambitions as stated by the CEO, it’s that simple, I’m believing what he’s saying.
So, a group of analysts were unhappy with the conference call on stimulus, big deal, who cares, they are analysts, they don’t run businesses, they seem to have too much scope and opinion, most of it is nonsense, if they were all that smart they would be running companies.
Putting them to one side, it’s super important we get cheaper central money, and some confidence from those in charge. Starmer s negative tone, in my opinion has led to the increase in short activity across equities on the U.K. market. It’s vitally important that pension companies at the budget get the right tone from the chancellor on investment.
I think good news is coming down the pipe, that will lead to an increase in confidence and that will increase the share price. All the best, cheers.