ANO 0.00% 72.0¢ advance zinctek limited

Hi all,sales for this fiscal year are expected to be around 10%...

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    Hi all,
    sales for this fiscal year are expected to be around 10% more than last year, which is, in my opinion , very disappointing because travel has surged since last summer with the end of COVID restrictions in most of the develloped world. Multiples are sky high for a this level of growth ( P/S of 8). Who knows if the margins of pre COVID years are achievable with rising input costs ?
    I have beaten the bullet and just sold my position at a 62 % loss. I made a huge risk management mistake to buy a 10% stake 2 years ago on such a small and richly valuated company. Greed and ego. Lesson learned ?
    Might be interested in the future at a much better valuation,and a change in leadership and communication.
 
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