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What will the banks do and Merry Christmas, page-195

  1. 529 Posts.
    lightbulb Created with Sketch. 145
    So here is the first profit warning that I predicted, which I was accused of "Your writing is highly speculative" by Achilles/

    It didn't take long did it.

    I expect this to be an ongoing trend for this company. They have many structural issues and the management are dodgy operators. Their announcements to the market are ambiguous at best, and misleading and deceptive at worst.

    Their full year profit will be shot to pieces this year.
    Last edited by Big Short: 09/01/18
 
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