RE:RE:Impressive last 15 minutes of the conference call....By only reading the financials, you get bogged too much into "caution speak". Hearing JJ talk and explain the intricacies in detail helped the investor to understand what went on for the 3rd quarter and how it affected the 4th quarter. There is a lot more positives still in the PKK growth story. The Covid lockdowns made some lenders nervous and they were less likely to wnat to put up the money. JJ was able to entice one of the billion dollar lenders into over-coming the fear as many of the contracts were deffered (asnd not cancelled), again due to the lockdown worries. And JJ is sure he can better deal with any further lockdown delays for the 4th quarter. The protests and riots in the streets of China are not going to last that long imho... and it was the same opnion held by JJ as well during the conference.
Try and have a listen to the conference call itself if it is available. The last quarter of the conference call offers a lot of positivity still. And Tenet is still in the position to make A LOT of revenue if China starts doing what the rest of the world is doing and tretaing Covid as endemic. I'm still going to hold on because this is still a long term stock to hold with still a lot of upside. NASDAQ relisting would be a huge shot in the arm... TSX and London will be helpful as well in due time.
As I have said in the past... buy, hold, retire. I'm comfy still. Patience is a virtue. Good luck to all who weather the storm. Rain can also be fun to some people... it's about perception. There will be sunshine eventually.
Cheers!
PR
prested wrote: Glad you were able to take some joy from this Punky. Can't say I share your entusiasm, but I'll look at it again. If one was optimism this would be a good to average down, although it could be clasping the falling knife.