I think that part of the problem includes a lack of forward visibility of earnings. We know that H2 will be quiet but how quiet ? The wording of the statement suggests that TAl will be happy to break even for H2. I find that the statements are written extremely cautiously as if to protect the company from any down side.
If we look forward to H1 next year we are also in the mist when it comes to looking for earnings. A hard company to peg down. Perhaps the best strategy would be to buy at the end of H2 and sell at the end of H1 ?
Tal Grp stock quotes
Tal Grp stock charts
Follow this thread
