ITE i.t.& e limited

Why does it matter that they do not update the market every...

  1. 51 Posts.
    Why does it matter that they do not update the market every month or so. The fundamentals are still the same. I like how this is not a trader's stock. I would prefer management to spend time running the company rather than making constant announcements to the stock exchange.

    Ask yourself how many conracts has ITE lost that is has tendered for during its 5 year plan.

    My advice is hold for the long term as this is when the value will be created and eventually reflected in market prices.

    Trying to time when the market will reflect the value in a stock is impossible I believe and this is why successful investors like Buffett are prepared to wait 2 or more years for the market to realise the value, and withstand drops in the share price of 50% or more during this time.

 
watchlist Created with Sketch. Add ITE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.