Hi Folks
Just a quick update on 15 Jan post.
In that post I stated that I was setting up a record sheet to detect the change in the nature of Quarterly Receipt from customers
Following the Dec report here is how things stand.
2021 : Mar 1,123k , Jun 191k , Sep 112k , Dec 1,097k. Total for 2021 = 2,523k
2022 : Mar 205k , Jun 1,230k , Sep 118k , Dec 1,164K : Total for 2022 = 2,717K
The December receipts where not inspiring at all for me. Resulting in Year on year of 2,525k to 2,717k.
This does not indicate a change in nature of the receipts. It will change, but when? The quarterlies will be the giveaway.
The annual report is due in the last week in February. I am not seeing anything inspiring in the lead up to the Annual report, so I am expecting the SP to ease. If the annual report is also mundane then it could be again telling on the markets.
There is an unfilled up gap on the charts that could come into play.
We shall see?
Just my opinions, as always DYOR.
cheers Lies
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