I went in some today. I think the market is looking at this as half empty. Take out the one-off allowances, the result is really not bad. In fact I think there are more positives. But market is seeing the results as peaking so it is reacting in this way. Not telling anyone to follow my lead. But just sharing my observation.
Reply to @theintelligentinvestor : I agree with you. Bought at 24 plus earlier. No time to TOP up yesterday but waiting to buy small portions with each downward move
I went in some today. I think the market is looking at this as half empty. Take out the one-off allowances, the result is really not bad. In fact I think there are more positives. But market is seeing the results as peaking so it is reacting in this way. Not telling anyone to follow my lead. But just sharing my observation.
Reply to @theintelligentinvestor : I agree with you. Bought at 24 plus earlier. No time to TOP up yesterday but waiting to buy small portions with each downward move
72% due to allowances made last year for oil and gas losses. FYI for full picture.
Reply to @RotiBlata : Profit but not necessarily due to business growth. It's a one off due to better Oil and gas climate. Not sustainable.
Oct window-dressing is over