Belief, strength, more belief, and more strength24 Jan 2022 14:56
Hi all, it’s been a while but just wanted to share my thoughts on the weeks and months ahead FWIW. We seem to be in the grip of a general market gloom and some macroeconomic stuff that remains volatile. We have ongoing analysis about the NCM/ FMV question with more questions than answers and a SP that is disappointing. There is a sense that whatever good news GGP releases it will not fully be reflected in an uplift in SP, and then we have JPM working a short (admin- not my words, theirs). There is a period of months during which serious ly good progress will be announced by GGP and NCM.
My take is that we will remain suppressed but I hope I’m wrong about that. My plans to pack up work depend on the opposite being true, but I am managing my expectations again that we are not in normal times and that investing is not linear despite regular positive news from GGP.
However, we are a month in already to this year when so much progress is expected. The SP may remain sluggish even with good news, but don’t despair. And I could be wrong. Whatever some might say on this board about the projects incl Hav your decisions have to be based on the quiet conversation you have with yourself when you make time to think it through, or when you talk it through with your better half or pals.
It’s not yet time to release the special supply of expensive booze and plan the cruise. It’s time to keep a level head, take the knocks, and ride the punches. All the great achievements are hard earned and there is no ‘easy’ money any more. We are all in the school of hard knocks at the moment but we’re coming through the weirdest of times. GGP will do very well and with that we will have some good times financially.
It’s new to me just like it is to you probably and this uncertainty could do your head in if you listen to the casters of doubt. It’s time to batten down the hatches, remain optimistic and hopeful, ignore the short term bumps, and dream of soon-to-come happier times. ATB with your GGP investment.