ECS 5.88% 1.6¢ ecs botanics holdings ltd

Ann: FY24 Results - Record Harvest, Profit and Revenue, page-61

  1. 514 Posts.
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    Can fully agree with you if you can amend "pumps and dreams" to "increased profits, steady growth with near term potential increased growth and consistent excellent management" etc.

    My understanding is that "pump" indicates pushing up SP above and beyond the fair value of a stock and hence may not be applicable in this scenario.

    By dreams, I am guessing that you mean some of us are dreaming or ECS price going to mid 2s or 3s is unrealistic and could be possible in dreams only??? I think a lot of investors here have done their calculations and come up with values between 3-5c without considering the future potential. So possibly no one may be dreaming here, just expressing the thought of fairness.

    If ECS report was similar in any respect with say CAN or AGH, then I would have booked my loss in the first instance. Or I had an opportunity to sell some at say 1.9 or 2c but ECS report clearly told me a different story, and I do not plan to sell any for now even if it goes down due to this report. This time I see no logic in selling except possibly from the fear generated from a tree shake when someone smart is accumulating steadily.

    Would you mind sharing the reason for "sell" sentiment (other than just SP going down without a valid reason)? Hope all of us goes above breakeven and beyond. GLTAH
 
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