Comment by
Hendrick3 on Jul 29, 2021 5:16pm
It may be a major investment house trying to take a position in the company. After the results yesterday, it is probably peak pessimism and whoever it is thought it's time to buy. I think there are much better deals out there but in the long run this stock will recover. There isn't any company in this sector who isn't making a lot of money.
Comment by
Druchii on Jul 29, 2021 11:53pm
While the last quarter wasnt the best on a metrics basis, the outlook is very solid - this is why buyers stepped in. Was looking forward not backward. Hard to argue "there are much better deals out there". YGR seems extremely cheap on a near term FCF basis (3 to 5 year) and a NAV basis. I think it would be easier to argue YGR is the best deal out there.
Comment by
derbon99 on Jul 30, 2021 4:09am
If you want to focus on the outlook provided by a management who lost his credibility instead of looking at the poor figures year after year, please go on :-)