XIP 0.00% $2.46 xenith ip group limited

Mr Chow - I'm always look critically at trades I lose money on...

  1. 3,480 Posts.
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    Mr Chow - I'm always look critically at trades I lose money on to see where I went wrong. I agree with you comment that critical thinking or negative views are almost always interpreted as down rampers. When they bought in Craig Downer it was clear the CEO wasn't up to the job on the integration. I thought about selling that day but as usual I gave the company the benefit of my doubts - WRONG. When the earn out of $20M was some $350K short of the target that was another red flag. You'd feel you had been dudded and maybe your motivation might not be there after the event ? The commentary on the integration was overall negative. H1 of FY 18 is obviously going to be a shocker. Full years hopefully will show some improvement. If they are going to get this right then H1 FY 19 or commentary at FY 18 AGM is the time to have another look or re enter.
 
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