RE: Valuation - Motley Fool article11 Oct 2022 08:02
W007 it's amazing that folk are (seemingly), only just waking up to the 'headwinds' here and how they were they always going to hold this share up. Forget the war, as the big issues are here in the UK. However, I think DT is no more than maybe -25p from it's possible lowest point. The results should help but it's going to need much more than results as, let's face it, not that much changes in just one quarter! The rhetoric here has changed, at last, with a much much more realistic tone being set, which is good. What we 'hope for' is not always we 'think will happen'!! The super positive here have simply blinded themselves to reality and now, find themselves (himself!) nursing even larger losses. As a result, I would expect more people to sell in the £5's than might have been the case before; they will simply accept 'less ambitious' profits, having seen that takeovers and high share prices don't simply grow on trees. Lessons learned one hopes. ATB