....these were the underperformers of FY2024
...now how did the underperformers of FY2023 performed in FY2024? Only 2 out of 10 registered gain in FY24, and just Downer turned around.
....be careful picking bottoms. They fell not because (we like to believe that) the market is myopic, they fell because either (1) the growth story that previously underpinned their big moves upwards has faltered or (2) there has been a marked structural deterioration in their business
From the table above, only one out of the ten "dogs" of 2023 outperformed the i
....these were the underperformers of FY2024 [IMG] ...now how...
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