Interesting, as the report is pretty much what one would expect. I think????????????
The run up yesterday then was for people who THOUGHT the report would be better.
The question would be: 'where was the report so bad'; I think I even wrote the EPS would fall to around 5 cents this year (from the 8 cents) because of the interest on the new debt; but the new debt is to fund future growth. As I said above, they traded 5 mill of profit for 8 mill of asset (BOO) growth.
This is very interesting to me. Do investors just invest for the next 4 weeks? Or do they invest for the next 4 to 14 years.
ZEN Price at posting:
69.0¢ Sentiment: Hold Disclosure: Held
