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Ann: Half Yearly Report and Accounts, page-5

  1. mistaTea
    604 Posts.
    lightbulb Created with Sketch. 123
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    12/02/20
    17:26
    Post #: 42893292
    That is the second time today I have read someone use the "falling knife" cliche.

    Perhaps you are right.

    However, I don't see why the results reported today would shift sentiment to the negative. The results reported should not be a surprise to anybody.

    Management have literally done what they said they were going to do.

    We can debate whether or not the initiatives they are spending shareholder funds are will generate long term value or not...but the market reaction today is somewhat baffling. How can the company be worth less today than it was yesterday, based on this HY report which merely confirms everything they have said they are doing in GAAP terms?


    SKT Price at posting: 57.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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