I believe ‘last leg/rally’ etc are not for me to predict. I prefer to build in a strong thesis and invest after evaluating if the risk/reward is favourable. Have mentioned both risk and thesis pointers above clearly.
Just food for thought, but the corporate governance shady past could be priced in already being quite old?
What remains to be seen is if the business fundamentals improve and the market perception of the company can become slightly better if these issues don’t crop up again. Blind pessimism can be a friend in the market sometimes!
Subscribe To Our Free Newsletter |