Monday should be interesting, Overseas markets well up and investors have had time over the weekend to look over the EPD announcements.
Like most i fell EPD has been well oversold due to the circumstances surrounding the recent sell down. With the company confirming full years guidance and confirming a strong 2nd half we should see a substantial bounce in the coming days.
Trading well below its piers on news that was already flagged in the most recent AGM and surrounding "one off" expenses which were put in place to increase future growth and mainstream productivity of the business.
In summary an extreamly over done sell off and i think we will see a very nice bounce in the coming days that matches the comapany's revenues, future growths and profits.
GLA
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