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CCO

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partridge1
Regular Contributor

Is there any (good) reason why they are discontinuing trading updates as indicated in SENS. The fact that the announcement is accompanied by their undertaking to continue to provide fulls disclosures and all that transparency stuff simply reinforces the fact that they are clearly seeking to extend their period in the information silenced column  -and possibly a lower profile - as why else give this transparency undertaking - its frankly a shot to the left foot following on the first shot to the right foot.  No upside.

3 REPLIES 3
SimonPB
Valued Contributor

@partridge1

I'm not sure of the value of quaterly updates? Did we really learn anythign note worthy in these inbetween updates? We still get interim and final? Frequent updates (such as US quarterly reporting) runs the risk of skewing management to the next three months when as CCO says what we really want is long-term resuts?
partridge1
Regular Contributor

Jaaah - while one can make a case for discontinuance - this is after all not a trading operation where quarterly updates would make fora value add - it seems to me at any rate like a case of bad timing...in terms of market sentiment around property which is .....?

 

SimonPB
Valued Contributor

ya fair point