Originally Posted by
Maverick
I can't fathom why OCA has stayed this low now Covid has been substantially derisked. Even the laziest analysis shows ALL its peers are trading at their SP values of 10-12 months ago which should equate to OCA being $1.00-$1.05 today.
Beagle, your target of $1.00 in 2 months seems too conservative to me.I'm still picking an underlying Profit of 50m announced in 2 months .If correct , that will put the SP back to $1.20 based on historic metrics.
Black Peter, unless Wall Street poo's itself really bad or covid established itself here I don't see OCA going lower at all. Even at its recent high, 84c just about everything bad is already priced in.
It seems bizarre to me that the company that should win the most post-Covid is the one being the most beaten up. The market has really got this wrong and its nice watch it STARTING to wake up to its error.