RE:OverreactionI said this this morning..... this is so oversold it's laughable. If we were on a major US exchange these results would have been eaten up by investors and the stock properly rewarded. This manipulation is tiresome and that's how they get the street investor to throw in the towel for cheap on these big drops and then they slowly inch it up selling to the same street investor again only to financially rape them later.
Snowey wrote: The company did well with EPS up 412%, Revenue up 16%, units delivered up 12.2% to 138 as promised.
Market nervous on FCF guidance for 2024. The price drop is an overreaction.
Amazed.
I cannot believe this stock trades at a P/E of 6.7
Good products. Good management. Need to improve finances some more.
The company does not deserve todays drop.
GLTA
Snowey.