Hi people,
This will likely be my last post on Hotcopper.
I am not a downramper as I have no intention of buying again, but this result is so disappointing and that's it for me, I'm out.
I am actually really surprised this has not gone down much much further. I was looking for 7.2M in receipts to be somewhat on track for their own guidance. Instead it was 4.7M
This is a huge setback. I do not believe that they will deliver on their guidance for the full year, they can still say they will because it's 6 months away, but they won't make it.
I think that the manufacturing problems are only part of the problem. Bert mentioned that the sales may have only been similar to quarter 1 if the problems didn't occur in the production, but that's way below where it needed to be.
I have lost so much money on this, but I'm kind of glad as I won't need to give it any more attention.
I'm finished with shares, I will turn my attention to simply working hard and building wealth that way.
I'm tired of false hope in shares, I've now been burn too much.
Good luck to all the long term holders.
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Hi people, This will likely be my last post on Hotcopper. I am...
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