I have no doubt Vocus in the next 12 months will be trading above $5+ .
With the telco sector being unloved..
The uncertainty of the NBN
Our debt problems
Earning downgrades
Faith in Management
Synegies not being realized
These have all led to Vocus hitting rock bottom ($2.26)
To Vocus and Geoffs credit they have started righting the ship by.
Shuffling key positions
Assuring ASC is still going ahead
Starting the sale of non core assets ( 16 tire kickers for NZ Assets)
Pulling the purse strings in and hopefully starting to realise the synergies needed to propel under lying profits.
Taking market share each month off competition in the NBN market.
Ive been buying from 2:30 up to 3 dollars and ive still got more in me.
I have no doubt Vocus in the next 12 months will be trading...
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