SAPPI- I think the market has this one WRONG!
The Q1 results were (In my opinion) very decent and showed Sappi's resilience in a very tough market- Sure the outlook is still pretty bleak, given the macro- economic environment, but looking at these results, Sappi did everything right. So WHY is the share down 7.5%?????????????
HEADLINE EARNINGS PER SHARE +55%
EARNINGS PER SHARE (SPECIAL ITEMS +50%
DEBT DOWN 35%
Just buy it!!!
HEADLINE EARNINGS PER SHARE +55%
EARNINGS PER SHARE (SPECIAL ITEMS +50%
DEBT DOWN 35%
Just buy it!!!
Trade closed: stop reached
I got it wrong... I'll have another go soon...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.