RE: Feeling Quietly Confident10 Dec 2020 15:52
Having picked up over 1% of the company now, the majority being done at the levels the SP has fallen to recently, I also believe I have timed this entry well.
I see limited risk in comparison to the rewards on offer, and again without the baggage of being a LTH here seeing profits, or initial investments disappear, I am not fussed with the price movements in the 5's.
The market is there, new startups are coming along (providing further evidence the market is there) and more and more global brands are "getting in the game"
Having held shares elsewhere and seen profits go, and initial investments fall significantly, I'm now lucky to be able to pick and chose where I want to invest again.
I see so many similarities between here and my core investment in the long and painful journey it has taken to turn things around there, and hopefully exactly the same turnaround is now due here...
If the LTH's who have held on up until now continue to do so, I hope I can see significant gains, and you can all initially recover any losses, and then go on from there to make a return on your initial investments.
The others who have picked up shares down here will also be looking for returns of many multiples of their initial investments also, of that I'm sure.
Good luck to all in the weeks ahead.
If we make anything close to the target revenue, then 2021 will be a fantastic year. If Q4 has been heavily loaded with revenue and the rest of the year still falls short, 2021 should be a very good year.
Patience is required, sometimes very testing patience is required. Those in my other share who didn't sell at 5.x 4.x and even 3.x now have an SP bouncing between 70's and 80's...
Not saying we'll hit 70's and 80's next year here. But I'm hoping those with 30+ get a chance to see their money back next year..
Over to JD to deliver, better late than never...