KZL 0.00% 12.0¢ kagara ltd

resource upgrade announcement?, page-6

  1. 1,140 Posts.


    Thanks for your view Yatchy, all I am saying is that if you overpromise and under deliver, markets will punish you, and distribution will continue to happen.

    However, if you underpromise and over deliver, markets would love you and constantly push you higher.

    In the case of KZL in the past few months, they have mentioned numerous dates, and not delivered to them. Why comit in the first place? Probably it would have been wiser to say - right we'll get the report out within Mar 2012 Quarter, and say release it in the the second week of Feb

    I have no doubt that management have done something right for the price to push from 25.5 to 35 today, but they haven't nailed it whilst the iron is hot - I hope you understand where I am coming from
 
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