nothing to do but wait, page-21

"There is a difference with value of this company and sp.
Sp often does not reflect the value."

As i am referring to technicals with my posts and not fundamentals, there is no difference from sp to the value of the company. from where i sit the market is right, not me, not fmx not top trader, but the market.

"Value can be added while the sp stays flat or even drifts down. We have seen that over the last 9 months."

once again, the market has not moved ABU, the only value that shareholders should want to see is in the share price.
value may have added over 12 months but the real judge of the value that has been added surely is the share price or increased market cap?

"I'll stick to my view that the news since last May has had a very significant effect."

From a technical perspective, to have sat and hold would have nearly wasted 12 months of investment time in ABU as the price is now where it was nearly 12 months ago.

"The sp is down only marginally relative to very large falls for most of ABU's peers."

I really dont see the value of justifying ABU's price against other stocks that have had greater falls, I would much rather view ABU agaisnt ABU over a time period to see what SP increase they have offered share holders.

Was back on the sidelines for me for the time being until there is further confirmation of movement in ABU.

Still want to see confirmation on the weekly, may happen in the next few weeks.... Time will tell.


Cheers