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Https://seekingalpha.com/article/4637033-s4-capital-brilliant-bargain-or-bust?source=copy_to_clipboard
Opinions please!
Mrlong
Why would it go to nada?? The company is cash generative!
SMS needs to trim the excess fat which he is doing!
The extremely negative sentiment here is doing a lot of the damage, the actual numbers weren't that bad as to justify this drop!
Jacob interviews SMS!
https://youtu.be/0Vwy9TR_S_Y?si=7oeoxav_85oHI_fl
I personally wouldn't be surprised if the numbers have been leaked, this company has now been mismanaged for a long time, since the delayed trading statement fiasco. Downgrade after downgrade, health scares, unannounced trading statements, reiterated guidance that was anything but! The warning signs have been all there. Criminal really what has gone on here. 89% down from it's peak tells you the story. I am absolutely dreading Monday to be honest
JG
It was 75.40 only 3 weeks ago and nothing has changed, if anything, the economy seems to be getting worse!
I personally don't think we have seen the lowest for this stock yet! It's an absolute dog!
Good post Nige. Thanks for bringing Jacob's latest to our attention! He does seem very clued up when it comes to investing so the fact that he is still bullish on S4 does bring a degree of reassurance! What a crazy market we are in!
Caveman
With respect, It seems you like to tell people how negative they are when they have a different opinion to yours! Being negative is justified considering the performance of this stock! Tell us something positive then so we can perhaps change our tune!!
This share is a disaster, period!! There is no sugar coating that fact!
I'm hoping for a change of fortunes, of course, but as of yet, the market doesn't believe the story and to be perfectly honest, I've starting to lose faith myself!
Now you might say, sell up then, except that it's not that easy when you are 25k underwater! I have seen shares recovered in the past soon after I sold up, however, not all do and here lies the problem! Anyone having bought a decent amount in the 180s who might have then average further would be heavily and royally ducked!! Trapped one might say!
Caveman
Also, it's perfectly valid, in my opinion, to hear negative views so as to have a balanced argument!
In respect to substance, I have highlighted the issues I thought were badly handled by this company before, ie. A trading update that nobody knew was coming, guidance reiterated to then have the profit earning a month later etc!
Like I said before, this is my biggest position and I'm holding, I just get frustrated mate to be honest. Btw, as soon as I find something positive, I will be one of the first posting some positivety!