Talking about rating;
Two days ago Vocus was upgraded from Accumulate to Buy by Morningstar due to price.
Last night they downgraded it back to Accumulate on a re-rating. They consider there a risks of a "culture clash" having a debilitating effect on the company, and have increased the uncertainty rating to High from Medium.
Fair value down from $8.5 to $7.4, it would now have to get to $4.44 before it would be upgraded to buy by them due to price.
Yesterday i thought i picked the bottom at $5.25, less confident after that re-rating, but no regrets.
- Forums
- ASX - By Stock
- VOC
- TMS Capital feature VOC amongst favourites
TMS Capital feature VOC amongst favourites, page-2
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VOC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online