I must say CNP defies all belief sometimes; in fact most of the time. We had a huge positive ann on the 8th and some reasonably good news yesterday. Look what has happened.
I also think we have a backdrop of the global problems AND the fact that there are so many bargains around people are shying away from Centro because of the high-risk stigma, fostered mainly by the ill-informed media.
I haven't changed my view on this since day 1. This is and always will be based on fundamentals rather than short-term or T/A (neither of which are wrong just different approaches).
The long term prospects for this company are great, it'll just take a while for the uninformed to realise it. When they do, it's going to fly and we will look back on this period and laugh. Unfortunately, we'll probably also kick ourselves for not buying more....
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
