Werd
All these bullshit analyst reports are simply playing the tree shake game whilst they accumulate prior to the update
The smart money knows the following is in place
Given the expansion of 40% in China MBS the IF results are likely to well above the forecast and a beat on the revenue forecast is likely
Even if there is no beat with store expansion, Corporate Daigou expansion in Melbourne the lack of a2 on the shelves all suggests significant improvement in daigou sales in the last few months
The concentration of the stock in the hands of long term professional investor holders means it is even easier to manipulate the stock short term
All the long term professional investors will have been putting pressure on for a dividend or buyback to improve returns after the capital losses inflicted
The Board is not going to let the new CEO come in and have to deal with a negative market situation - they will be very keen he gets off to a good start.
Chances of a good news upgrade in February 80% downgrade 20%
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