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28/11/18
22:18
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Originally posted by candidcamera
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I don't see the problem being that they ruin sentiment, as much as potential investors simply taking a wait and see approach. Saying that they are planning to hit 500M by 2021 and showing how they intend to achieve that result is great, but delivering on it is another thing, especially when there are factors (that are no doubt built into the projection) beyond their control. I would think many people are cautious about BAL now after the huge volatility of the stock. And if the company itself, as well as analysts, has said it expects an underwhelming 2019, I can't see the motivation for buying in (much less piling in) until some indication of success is reported.
Having bought in only recently as an investment, not a speculation, I'm very much hoping for good outcomes over the next year. I would expect it to take around that long. But I must say the experience of the past few weeks has led me to downgrade myself from VO (very optimistic), to CH (cautiously hopeful).
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Couldn't agree more. But i hope and i pray they will send a strong message and deliver that message properly without ruining like A2M did. Good luck balers.