I sought an opinion lately on a plc trading internationally and which had enjoyed vigorous growth in both revenue, orders and its share price over the last 12 months.
All I got was something like:
... Company X is a well-managed enterprise with capitalization Y and share price Z, up from Z0 12 months ago representing a gain of ~ 84%.
... It is important to realize that share prices may go up and down and this statement is by no means a recommendation to buy, hold or sell shares in the foregoing business.
Is this the way with them always ?
I mean, old Pramit Ghose in the Sunday paper produced better analysis than this. He always sought to rationalise causes for growth or decline in share price and always made a clear recommendation.
Do you have to be a stockbroker to make a definite buy/sell/hold recommendation ?
Straight answers only please.
All I got was something like:
... Company X is a well-managed enterprise with capitalization Y and share price Z, up from Z0 12 months ago representing a gain of ~ 84%.
... It is important to realize that share prices may go up and down and this statement is by no means a recommendation to buy, hold or sell shares in the foregoing business.
Is this the way with them always ?
I mean, old Pramit Ghose in the Sunday paper produced better analysis than this. He always sought to rationalise causes for growth or decline in share price and always made a clear recommendation.
Do you have to be a stockbroker to make a definite buy/sell/hold recommendation ?
Straight answers only please.