I'm sitting at -35% but EWI is worse at -41%. As Walp said earlier - no need to panic unless you are forced to sell and if you have any spare funds, now could be the time to top up if you think we've reached close to the bottom. I know the falling knife analogy and you will never know when we have reached the absolute bottom but for me, anything I'm buying at these prices is reducing my average.
I agree entirely LLL and Walp, I doff my cap to you. I agree with most of the opinions on this board in that the type of companies in which SMT invests are innovative companies of the future. Whilst tech stocks are not flavour of the month just now, the value in them will out in the end. There’s a lot of uncertainty in the world right now but my feeling is that most of this is already priced into the markets (unless Putin really does go Tonto). In my mind, we’re not going to see double digit growth in the short term but looking at the medium to long term, this IT gives me no concerns whatsoever.
Y11010101 – Give the man a break. This constant bickering and drivel does nothing for this board. If any potential investor looked in here on the off chance of gleaning some info on KDNC, they’d think they had stumbled across a holding pen for the Jeremy Kyle Show.
For the love of god Mike, we all know you are not happy. Please either get a grip and email Kiran, sell your holding or simply suck it up and move on. You strike me as a decent guy but you are slowly starting to fill the board with negative nonsense – a bit like one of the dreaded ducks….please move on.