RE: £720k BUY Just went through!16 Feb 2023 22:06
Well at first glance, and looking at your last four of five posts, it wasn’t difficult to think that.
You’ve stated that you have a ‘tiny’ position. You’ve also stated that you’re interested at 83.9p and then again at 65-70. What I don’t understand and even your last paragraph reiterates this, is why would you invest at any price if you have such huge doubts?
I personally don’t see any huge red flags here. Of course, there is risk, as with any stock. KGH have been punished badly due to the pandemic. Well overdone, in my opinion. Yes, it’s not a sexy sector but I see real value here, at these levels.
The market is also hugely irrational right now. I think you may be looking too deeply into the fall over the past month.
ATB