Back in August you posted this (below) in response to a post I had made where I suggested profit numbers would be rather greater than most thought possible yourself included -
"CST is a good company with a good product and good even very good prospects however it is simply not as good as it's shareholders seem to think it is, in fact no company is.When I post that CST could increase net profit by up to 200% (which in most instances would set the market alight) up pops a (presumed) shareholder telling me that I have it all wrong and profit will increase by 500% as if up to 200% is an insult! My argument is that CST shareholders seem to have become almost cult like and flatly refuse to accept realistic projections. It is of course understandable that the longer their investment fails to perform the quicker the share price needs to rise to make up lost ground but as any grown up will tell you "wishing for something doesn't make it happen"
I propose that the new CST shareholder (as opposed to the company) mantra should be "lets be realistic""
Would like to refer you to Rog's blog site http://quantiferon.blogspot.com/ where you will see some interesting information.
redgum
- Forums
- ASX - By Stock
- hi eby - you still about?
Back in August you posted this (below) in response to a post I...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)