I agree with all your comments, if you go back a bit further this was the biggest dog on the ASX. Emotions were running very high on Hotcopper. The moderators were earning their money back then dealing with abusive posts. Even I put a few on ignore. It's obvious the ship has finally turned and I have been on STO for a while now (back in the $2's......but mind you my average price is about three times that)
BUT, the so called experts missed their targets by about 20% on the underlying profit. A significant amount these days when we are approaching $1bn dollars underlying profit. That free cash figure was a surprise to the upside and along with that, the excellent dividend in US$.
From my limited ASX experience, when the experts miss their target to the under side a re-rate usually occurs because of their pleasant surprise. I'm not saying a 20% re-rate, but I certainly didn't see red coming. And of course the opposite occurs when their predictions are missed, usually aggressively.
And, yes, can't agree more, all hail the mighty POO..........!!
Cheers
BLJ
I agree with all your comments, if you go back a bit further...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.92 |
Change
0.120(1.76%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.89 | $6.97 | $6.88 | $62.55M | 9.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7956 | $6.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.93 | 52471 | 6 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
