RE: This Weeks Winner24 Jun 2023 06:01
Cheers Roofers, I said several weeks ago when this was in the 90's it would hit 70's. There is continuous talk of a rerating on here. It is being rerated but not in the way some suggest it should - it's being downgraded for several structural reasons - cost to service the debt, seemingly inept management, poor customer care and a resultant drop in real revenue.
On top this there was likely going to be a market correction which now seems to slowly happening, and I didn't see VOD bucking the trend.
I manage money for a living and I play the markets for fun, I've done it for 30 years and get more right than wrong. This will turn but probably not in the way that many believe so I'll add slowly from here and hold.