RE: Lost faith in delivery8 Oct 2021 12:20
All companies are just companies. There is no comparison offered or suggested. Do your diligence on each and if you like what you read then pull the trigger on the investment. Doesn’t matter whether it’s Nasdaq, Ftse, dow, aim or any other banding they happen to be in.
Are they either “best in breed” or a growing company? (Apologies, take on a Jim Cramer statement). Anyone who doesn’t do the background reading is open to market sentiment and usually they have jumped in after the hype and should expect to be caught in the sell off.
This share reads well. Is 5.5 billion the correct valuation for this?? Perhaps, but that is what the market have it at due to the debt on the books. In today’s world, growth is everything. Cost savings thereafter. If indeed micro has stopped the reduced revenue though that would be a surprise as they have stated it won’t for the time being, then we will see an increase in the price. If not, the quickest saving to show on the P&L is head count. Sorry, but that is the case.
Think the common thread and feeling is there is not enough updates from the company in general.
Plenty stuff comes through on LinkedIn and I’m sure some of these are material enough to warrant something. For a techy business they certainly don’t bang the drum enough.