Share
17,279 Posts.
lightbulb Created with Sketch. 501
clock Created with Sketch. 07/06/17
13:24
Share
Originally posted by nine lives
↑
I have no doubt that RM's group are competent market commentators but at the end of the day they are, like us, only human. My feeling is that RM is down on VOC because they are down on Telcos. And they are down on Telcos because they are still reeling from the shocking drop in VTG and they are still wiping egg from their faces. What VTG do they have done very well in the past under astute CEO Maxine Horne....but even Maxine Horne was unloading tens of millions of dollars worth of VTG shares last August the same week James Spenceley was unloading VOC. Both stocks were multiples of their current price. But as recently as a couple of weeks ago before the last lot of bad news, when VTG was still around $1.30, RM put out a note that VTG was still a hold. However you could sense the nervous perspiration dripping from that report.
Expand
Poor ol' Roger Montgomery can't take a trick with the telcos at the moment. Hold VTG at 1.30 and sell VOC at 2.40. Have they currently got any other telco recommendations because if they do I would like to know so I can do the opposite.
