CUP 0.00% 58.5¢ count limited

Ann: CUP Announcement - Acquisition of Count Financial, page-29

  1. 1,706 Posts.
    lightbulb Created with Sketch. 2019
    Hi Cheapy.Good to hear from you.

    Major 1st half year result disappointment has damaged reputation of management. Massive write offs will have been new CEO way of clearing the decks but hurt sentiment.

    l remain quite bullish with recent tuck ins, purchases and TAL licencees. Now they have to deliver.This business has demanded investors to be really patient, underperfoming badly over the last 3 to 5 years.

    It is what it is.

    l have accumulated pretty heavily in the 50s, reinvesting some heavyweight dividends.Until the new CEO earns his stripes the thinly traded stock has no catalyst for either re-rating or M&A.

    To anyone able to wait and not be put off by watching the grass grow, l believe in one of those two outcomes.

    Cheers,

    Jack1960
 
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