RE: Sunday Telegraph21 Nov 2021 18:50
Jacquibic
TBH I have been thinking most of this year that the sp was so overinflated last year , and anyone that bought in at 3-400 was crazy. If you look back at the historical SP for this stock I don't believe it was ever over 200, so how 1 good quarter could lead to where it was, is absurd.
I was in at the trading update when Roberts promised the earth, and watched his interview on sky which was extremely bullish the same morning, but the market barely reacted which I found strange.
But when that growth forecast was revised in the most recent update, they whacked it for over 20%.
Those analyst ratings are not very recent also, I'm sure they will be revised after this weeks update.
The only silver lining I can see is the US fund Camelot keep increasing their stake, maybe they're readying for a stoop!!
One things for sure, the downward pressure since that update is relentless, I just hope the actual figures are not as bad as forecast, or there is something positive that is factual (not more of his BS) that steadies the ship.