SEN 0.00% 1.4¢ senetas corporation limited

revenue will be 250m per year within next 3 years , page-26

  1. 5,800 Posts.
    lightbulb Created with Sketch. 96
    "Really can you not see that this is a non announcement"

    Bello - you can't argue with the market - it is always right, even when it's wrong :)

    There is no argument from me that SEN is a good company, and with good earnings for the future plus dividends etc, but to a trader, a profit downgrade, even if it's just next week's takings, is like a red rag to a bull - if you pardon the pun ;)

    Hence the selloff. Let it all settle down a bit, then good opportunities to get back in will present themselves I'm sure. Maybe even early next week, but time will tell.

 
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