RE: lambpostie20 Aug 2014 18:08
There is a reason REH has been marked down to 1p over the last 6 months, development has been slow, no profit a very long winded road to get out of that position and although REH may have a very good opportunity in the future its a long while off...
Gotta ask yourself why the market is not impressed by the possible wait... for startersw nothing is guaranteed to be excepted... people won't want to hav their money tied up for 3 months only to find out they now have another 6 month wait because they have to appeal the decision... 3-9 month wait JUST for the plans to be approved..
Then how long till the Wind farm is up and running?.. how long till REH starts turning a profit?.. No doubt not before 2017 probably longer and thats the reason it is so cheap.
Like i say mate REH could have a bright future but not today or tomorrow or even this year IMO that's exactly why the 29% drop today and personally i wouldn't be surprised to see it trading sub 2p at some point in the near term, maybe not tho but that's not for me to decide that's for the market. the market is always rite.
Got nothing to do with being a de ramper.. anyone shorting shares like this needs their head tested as there is far more money in shorting the FTSE 100 and said companies... its just about being realistic to the whole situation and the reason its dropping and will possibly go back to where it came from.