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23/01/24
22:43
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Originally posted by vivRookie:
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Good points. The main reason for the increase in debt (& sp fall) is the high interest rates. Period. Management stated this clearly. So the issue at the moment is that inflation has not come down as fast as expected and interest rates will remain high (& even hike up a bit) this quarter. However, this is not going to last all year ( there is even a danger that hiking/keeping interest rates high will lead to a recession). That's why the Ann said expect a 'slow recovery in 2nd half of 24'. Tough watching it slide but it's in line with guidance and no insiders are bailing out. imo newbies snatching it this low will be rewarded LT.
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Sorry VivRookie but it nonsense to suggest high interest rates have caused the SP to fall. The main reason for the share price falling is APM's revenue is no way near forecast. This and only this has caused the issues it faces today. The 'issues' caused the high interest rates it pays on debt only exposes the consequences of management forecasts.