FLN 0.00% 18.0¢ freelancer limited

Ann: 1H21 conference call, page-6

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  1. 834 Posts.
    lightbulb Created with Sketch. 74
    I’ve been invested in FLN for ages, 5 years or more.o
    I made a bit of money trading in and out some of my parcel as the stock tends to move up towards results then drift down afterwards.
    I’ve made a lot of money in the last 6 months from the move up.
    You can read my post before the last quarterly saying the $1m in corporate revenue that was booked too late to hit the December quarter will make the March quarter look extra good.
    That will be a gap to fill this week.
    Camelcitro made the same point a couple of weeks ago.

    I think Tuesday’s numbers will be good, but I think the $1m hole will make the figures look worse than they are.
    From past experience, the market reacts to the numbers, not the investor presentation.
    So I am out for this quarterly.
    If I am right, and the stock gets sold down, it won’t bring me any joy, because I still think it is a good investment.
    If I am wrong and it climbs, well, I’ll console myself with gains to date.

    Good luck to all holders.
    Leaving my sentiment as buy, as I intend to re-enter.
 
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