I totally agree. This week I've been hit by CIM, TWE, and now NEA. Revised financial guidance can really screw over the SP when announced but give it a few days and it will bounce back IMO, similar to CIM and TWE. Just a temporary kick in the guts. Am I frustrated? Yes. Am I worried? No. Do I see this as a buying opportunity? Yes. I'm a long term buyer so I'm "prepared" for a few set backs, admittedly this is a bigger one, but as usual it's mostly panic so a rebound will be apparent in the near future IMO.
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- Ann: FY20 Market Update and Revised Guidance
Ann: FY20 Market Update and Revised Guidance, page-74
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