RE: Breaking out12 Jan 2024 09:14
Agreed SNN always puzzled myself as well that the SP has always lagged fundamentals. I always read the markets trend 6 months ahead.
This has never been the case for YU, is it because of lack of investor interest , historical issues, who knows but it cannot be ignored much longer and the markets always eventually correct.
As you say this isn’t the business of 2018 it’s an entirely different beast driven by industry leading AI and tech stacks which is leaving the sleeping giants behind, I am very much looking forward to how much of a client grab has happened since H1 which frankly shocked in the jump from 26k to 40k that is huge.
If it continues in that way 2,3,4% market isn’t far away as momentum and reputation grow.
Very exciting times, a little disappointed yet again at the lack of updates in Q3 other than snippets like Nov was a record month of new books.
Come on YU I want to do some reading and work out my estimates for 2024 and beyond.