Pressure back on WPL, page-8

Dr B
It's not whether we believe them or not that matters.
We live in a pretend world.
Politicians pretend they don't worry about polls but spend every hour of the day obsessing over them.
CEOs pretend they don't obsess over their SP but monitor it all day everyday.

In the world of money the SP measures performance.
You either make money for shareholders or you don't.
Look at the companies under pressure at any given time.
The CEOs lash out at the market, at shorters, at analysts, at anyone but themselves.
Peter Coleman is under pressure and is under performing.
The Macquarie analyst suggested too much potential is already built into the SP (code for we are sellers, we will sell our stake now then issue a sell recommendation after we have sold).
If the WPL SP starts to go backwards from here I reckon he is gone.
WPL could be a compelling stock to own if they ended up with 50% of Senegal.
If they lose Senegal, WPL would be dud stock to hold imo.

As to the virtues of analysts?
In this corrupt cesspool they are the worst of the worst.
I have written of them before.
Issuing sell recommendations after stocks have fallen 50% is beyond parody but they do it with a straight face.

A CEO must view Q & A sessions with analysts with utter dread, similar to a struggling Prime Minister doing a press conference.
Peter Coleman has to pull a surprise.
He still might.
Senegal was a big bold daring surprise last year but imo he didn't follow through.
Maybe he still has a rabbit up his sleeve.
We should find out shortly.
It's question time!!
Cath has done well to 'snooker' Pete imo!!
In fact she has played him off the break for over 8 months.
He must have a dartboard in his office with her face on it.