Intueri Education IPO

[winner69]

Anticipates Ebitda $27-$29 mill down from $30-$31 mill guidance. Looks like 3 Instos got i wrong too,AMP,Harbour,Deutsche . Noodles and Percy in good company,Hard luck.

So in a few short months guidance has gone from an optimistic $33m to probably $27m

Still $27m-$29m is quite a large range seeing the year has already ended and so close to announcing the result .... not on top of things methinks?

[couta1]

Good long term hold aye

[percy]

Anticipates Ebitda $27-$29 mill down from $30-$31 mill guidance. Looks like 3 Instos got i wrong too,AMP,Harbour,Deutsche . Noodles and Percy in good company,Hard luck.

Don't like the downgrade.
However the reason I brought in was Dame Alison Paterson was to join the board on the 18th June.A little over a month ago.
I would expect AMP and Harbour brought for the same reason.
I therefore expect [hope] that is the final downgrade, and from here on in we will have to get used to upgrades.
Maybe we all have the owner's eye,like the sector,like the future prospects?

[noodles]

Anticipates Ebitda $27-$29 mill down from $30-$31 mill guidance. Looks like 3 Instos got i wrong too,AMP,Harbour,Deutsche . Noodles and Percy in good company,Hard luck.

Not hard luck. We were fools because we bought in a downtrend. Baa baa and KW warned us. We should both know better.

[percy]

Not hard luck. We were fools because we bought in a downtrend. Baa baa and KW warned us. We should both know better.

Unfortunately correct.!!!
May be madness I have decided to hold.
Give Dame Alison 6 months to a year,and then review my holding.

[couta1]

Unconcerned about short term price drop I've got other stocks like TTk/SLi/KMD in a far worse state, beautiful day here in Queenstown looking out over the lake at the Remarks, too tired to ski today.

[Joshuatree]

Fools it is and lessons for all.DOHDOHDOHDOHDOHDOHDOHDOHDOHDOHDOHDOH

6 months hard labour with dame alison with self lashings.

I stayed away after seeing KW's trend warnings across the ditch.

[IAK]

I would have hoped so :-(
We are only human though, and sometimes we all forget, but the beauty of the market is that it is quick to remind us of lessons we should already know. Think of it as a refresher course (haha, good pun considering we are talking about education providers LOL)

So here are the lessons:
You dont enter a stock until the turnaround situation has turned around - the share price will show when that has happened. Until then you are riding a loser that is likely to get worse.
One downgrade is more likely than not to be followed by another.
Don't buy shares in a downtrend - there is always a good reason for the falling price.
Don't average down by throwing good money after bad.
Avoid investing in a company that is in a poorly performing sector - it is rare for one company to avoid industry wide problems.

Now write those lines 50 times on a blackboard while humming the Simpsons theme

Some great advice right there!

Disc. not holding.

[winner69]

It is not a good look that 6 weeks after year end and 2 weeks before the interim is going to be announced they have such a big range in their EBITA guidance, the $27m-$29m

Would suggest they don't have control over their finances .......or maybe there are a lot of 'funny' amounts they are debating with auditors as to the treatment.

People sometimes talk about 'red flags' --- this to me is a 'red 'flag'

[neyney2010]

sold 50% today.
again, dun know y the fuk I didn't sell them all.