RE: couple of percent drop21 Feb 2023 20:15
Agree with those that are not particularly fussed about SP tomorrow. Most important is what the results actually say, and ignore the froth. Whatever happens I'm absolutely sure that the SP will be back above today's value before too long unless there is some macro event that changes everything for a temporary period of time.
But the underlying factor is always... how much money have they made! I understand that the market is "forward looking" but this company is one of not many that is 'jam today' - I am convinced they will give an improved progressive divi plus buy backs they can carry on,and in the meantime negotiate any headwinds now & in the future. There have been headwinds for years! There is always something bad brewing, we know because Darth rader sends everyone the links at any given opportunity! The point I'm trying to make is that if you look for negatives you will find them. But on balance, this one is hugely positive at this moment in time.