VOC 0.00% $5.49 vocus group limited

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  1. 6,633 Posts.
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    Talking about rating;
    Two days ago Vocus was upgraded from Accumulate to Buy by Morningstar due to price.
    Last night they downgraded it back to Accumulate on a re-rating. They consider there a risks of a "culture clash" having a debilitating effect on the company, and have increased the uncertainty rating to High from Medium.
    Fair value down from $8.5 to $7.4, it would now have to get to $4.44 before it would be upgraded to buy by them due to price.
    Yesterday i thought i picked the bottom at $5.25, less confident after that re-rating, but no regrets.
 
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Currently unlisted public company.

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