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$5.49 vocus group limited

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Fishinnick

21,995 Posts.

261

11/04/17

14:46

Post #: 24001797
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Originally posted by TerribleTadpole ↑

Just a quick warning to everybody who is new to Vocus...

It is my opinion that Vocus today is not the same company that you see on the charts prior to December 2016, so you absolutely cannot compare the share price today with the share price in November.

I believe that in November Vocus shares were under-valued at $6.00.

I also believe that today Vocus shares are over-valued at $3.50.

The change happened in December when the men who set and executed the vision of Vocus left after irreconcilable differences developed with the men of M2, and sold their entire Vocus stock holdings as they went.

The result is that you can be certain that whatever it is that Vocus used to do, it won't be doing that anymore. And whatever M2 used to to, that's what Vocus will do going forward.

The reset in the business has produced a reset in the market's evaluation. You can see it in the charts in December.

Some idiot brokers (particularly the fools) immediately started trumpeting Vocus as undervalued based on past performance, completely missing that fact that the business has fundamentally changed. But the works for idiot brokers because they don't have actual money in the game. They want you to put your money in the game and if it doesn't work out they couldn't give a toss; your money, your risk, your loss.

The people you should be following are the institutions who have the resources to do proper research, and have serious money in the game. They piled out in December. They're piling out now.

My guess, and it's only a guess until we see the full-year results and can see how the Jan-Jun half goes, is $3.00 +/- 10% the roughly-right price band.

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Thankyou for your time, i have already reversed my position, lost 2 pips plus costs, have done well here on the bounces last few months but lost today, am just a opportunist here for a trade, went in too early.....

VOC Price at posting: $3.57 Sentiment: None Disclosure: Not Held
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