Guys, there is some potential for one last sell down. As I’ve...

Guys, there is some potential for one last sell down. As I’ve pointed out in the other thread, margins are likely to take a hit for this period, which will make it look to the untrained eye that there might be discounting or weakness.

The sell down post the 4C (where they missed a few things) and the limited following of the company makes me think they won’t understand that the business is transitioning. I’ve kept some powder dry just in case.

While I have no idea how the market will react I’m fairly confident on the weaker GP margin flowing through the upcoming 1st half report and there could be some panic selling/rotation. Just tread carefully and watch how it plays out. This is one to buy the dips - imo.