RE: Jorge Cosmen10 Jun 2025 08:36
The last few weeks after the big drop has been pretty level.It dropped for good reason as finances are now much more stretched and we found out the price for U.S. business,which was not what many investors were anticipated. The intelligent Investor weighs up all the variables and possibilities,both positive and negative ,and has reasons for long term estimated value,medium term ,and short term based on the perceived direction of business using all available information.This is not formed easily,as all views both negative and positive should be thought through. But ,it is very difficult to think through the view that "it is a crap share and people investing are numpties" which is the intelligence on offer here.I am not invested at this point as too much risk involved with the debt levels so high,after the news of U.S sale price,which leaves the business stretched,and with the present problems in the business needing sorting out,there are too many present dangers. At some point I am expecting I will be looking at the share price thinking the risk to reward is favorable,mainly due to my long term idea of the bus travel being very positive due to so many reasons,but at that point I will re enter the market and will expect a big rerate ,if the portents are good. The main thing that is needed is thought,without that everything is just a complete gamble,in my opinion.I am very happy to listen to all well thought out views,and would even listen to an illiterate fool if he was saying something,or anything,but some fools say nothing just repeat mantras in the hope of being right.