RE: Mega share13 Aug 2022 10:47
Their results have been impressive for some time now bar the obvious covid year, just look at full year in March, but every time the price is driven down by shorters with their small sells, and sp has underperformed considerably over the last year.
Problem has been imo very limited PIs buying, but maybe this time will be different because of the share buyback. They had to do something because the price clearly didn't reflect or behave in a manner of a company maintaining father growth forecasts.
And lastly, in March when the results seemed as good as these interim, there was not any mention of inflation, interest rates etc, and sp spiked for a few weeks to 2 90 then has plummeted ever since.
I hope this time is different, because I am overweight here and still under water!! But much more confident now