Yes that's quite a reaction to a slight miss in average analyst expectations. The miss in net profit looks attributable to increased spend on marketing and staff.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Yes that's quite a reaction to a slight miss in average analyst expectations. The miss in net profit looks attributable to increased spend on marketing and staff.
they increasing spend on marketing even more will reduce profit growth some going forward.
My condolences to holders selling out of such a good company at a lower price.
I'm in this long-term since 50c. Today it's going to hurt a bit and the dent in my overall portfolio is going to be significant but 5 years from now current price will look like an absolute bargain.
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Originally Posted by Ggcc
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