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Hi MikeMennell, painful i know first-hand! Do you know who in...

  1. 171 Posts.
    Hi MikeMennell, painful i know first-hand! Do you know who in particular was expecting another profit downgrade? I don't think management would issue two profit downgrades it would be a catastrophic blow to their reputation, if they were going to issue a downgrade you think they would make sure they'd get it right on the first one. Either way the company is growing at 20-25% per annum on average, hopefully EPS growth will put some sort of floor under the share price, otherwise we'll have no option but to hold a paper loss or sell out at a real loss...
 
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