RE: Can’t understand why EVE don’t have a phone number21 Dec 2021 13:27
Hi D, Its certainly possible that the market is overly cautious on EVE.
But (well it wouldn't be me without a "but"), all ceo's (inc CC), will play down any problems or set backs etc. Given the pressure on costs (inflation, logistics, wages staff recriutment etc etc), then it was glaring (to me) to have no reference to that side in the update.
So, it does not mean that there is anything wrong, but it has left a degree of uncertainty i think, and that is therefore holding the SP back until that fog lifts.
This is just my view, and as always I am trying to put 2+2 together to make 4 and hopefully not 5, if you see what I mean.
The TU was very good as far as it went. and then to be backed up with a share purchase was again very positive.
I think i and to a degree we all, kind of go round in circles on this:
If the company proves it has a viable business model then the re-rate will be substantial, but still after all this time, the jury is still out.
At some time it will be clear, but i think until it is, the market has moved on a bit and will revisit EVE when there is proof that the corner is irrevocably turned. In the meantime there are other fish for it to fry.