I guess that's a quite relevant point ... and valid conclusion. GTK does have a strong tradition of disappointing investors ... and so far it is not clear whether they intend to change that.
On the somewhat brighter side: ... they do have a new CEO - i.e. there might be hope. However - hope is not an investment strategy. .... Britain (including all these organizations who might want to buy GTK's products) can't get stuck forever in the BREXIT swamp - or can they? .... They are in a generally profitable industry - and some of the dinos in it (like SAP) start to recover (though from a much higher base) ...
Looking at the technical signals ... SP recently climbed above the MA100 ... or should I say MA100 dropped below the SP?
Whatever - I won't drop them from my watchlist this time, but somehow they do still look ways too dear: negative forward PE without meaningful revenue growth - what more can you say?
GTK Price at posting:
$1.40 Sentiment: None Disclosure: Not Held
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