RE:RE:National Bank (house 80) is back at itTo be sure I am nobody's oracle.
However, I think this was to be expected, and I did try to point this out on an earlier post when I stated we might all be surprised by the market's muted reaction to our announcements after this period.
It is clear to me, on this board that strong believers have been shaken.
I had a very hard time yesterday listenting to the " VTM would be a great investment if we never sold another vial c*rap". We were projecting tens of millions in sales on this part of the business, and using pre-pandemic numbers to justify it..........by we I mean the company.
Really the same goes for QAPS. That QAPS sales were down year over year last quarter is mind boggling to me. As is the fact that we still have only one major deal, that has not kicked in yet.
This company does not provide guidance. Investors are left to 'parse' the statments management makes on the webcasts, and I think the investor base is very very tired.
I love yesterday's announcement, and frankly do believe we will get more QAPS announcements in the future. It is the way of Healthcare. But I think the share price will be very slow to reflect near term wins and announcements, until the proof exists on the income statement.
In other words I think the muted reaction is management being held to acount for past statments.