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clock Created with Sketch. 25/07/23
09:30
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Originally posted by Mayi:
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Although it is undoubtedly true that markets are forward looking - the problem is that we don't know what the future holds and therefore forecast values are very unreliable to the point of being meaningless. In this case iceman101 is predicting sales growth of 300% this year while I am predicting 150%, that difference has a massive difference on valuation and if a shareholder over estimates the growth rate by even a few percent they are going to get slaughtered on the stock. My point is: be conservative if you want to retain your shirt.
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A perfect example of this is a little company called YPB which had a great future ahead of it in 2016 selling anti-counterfeit technology into China
(20min delay)
