RE: RE:Cerp23 Jul 2018 00:51
Montecristo
From the information available, I do not now see any marked increase in production before Q4, and only then if the deals have closed. SWP will not commence before Q1 2019. As such, one could be buying @ 5p in October/November rather than 7p.
Instead of "rainbow chasing", it was a pragmatic decision to lock in 83% profit and invest elsewhere in stocks which appear to have a better upside potential over the next three-to-six months. Only time will tell if the analysis and decision was correct.
For comparative analysis, the majority was placed fairly equally between EQT, NCCL, and STAR. Let's revisit in September and see if CERP outperformed any of these.
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GL
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