RE:RE:RE:Why the strong returns today?Hey CSC
It will be very interesitng to see how this plays out in the next 6 months. I'm still convinced that TRP will continue to outperform SOBO and that the gap will widen.
Not sure what's taking SOBO so long to release their earnings report (not a great sign to me) but it should be a good indicator of what to expect going forward.
I'm certainly not getting very good vibes about the new SOBO management. Pretty poor communicators.
Take her easy
Sarge
TeamCommonSense wrote: Hey Sarge!
So far ... so good ... no sign of Armaggedon on the SOBO share price front ... they reported the first Q dividend last night at US0.50 (as per their prior signals), and it seems people are buying more now that they are confident in the 8%+ yield on offer!
While I always respect your opinion and analyses ... I was quietly hoping that your thesis about SOBO share price dropping post 07 Nov would not prove to be true!
Of course, I acknowledge that they have not yet issued their first Q report ... and I'm not even sure when that is targeted for.
Fingers crossed ... cuz I have a nice position established in SOBO now ... and given that Trump had a "Drill Baby Drill!" chant associated with his campaign, I think the macro environment in the US should be much more favourable for SOBO going forward (than it would have been under eco wacko Harris)!
Cheers!