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10:27
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Originally posted by gixxerboy
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Unfortunately, broker/analyst sentiment on the stock is a tad bearish atm. As recently as yesterday, one that I'm aware of downgraded their outer earnings expectations and valuation. That said, CCP is a well managed business with a track record of under promising and over delivering so I wouldn't be surprised if they prove the brokers/analysts wrong in the fullness of time. Despite having a more bullish view, I sold my holding due to the inevitable downward pressure I think the current broker/analyst sentiment is likely to place on the sp in the short term and will observe from the sidelines for the time being.
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I agree with your view of the company gixxerboy, and so bought some more yesterday (doubled up in fact), so we'll see how it goes I guess?
(20min delay)