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qwert
@qwert1878698
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Joined October 2023
@fightingcorn In case of $ALTO: it all means nothing until current management is fired. Not sure how it will be done. I do not see anybody driving such a change. The largest shareholder (DOMO) is admittedly passive, the 2nd largest has only 4.9% ownership. Any ideas?
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@DeskCalc @DOMOCAPITAL Fantastic! Makes me also wonder, what exactly the previous management was doing in the past years instead of realizing the significance of this certification and applying for it a long time ago :D
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@DOMOCAPITAL Do they need to announce it publicly in advance? I mean, it would make more sense to buy back as much as they can in the background, and announce it only afterwards.
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@violacapital @DOMOCAPITAL It's also pretty interesting to see how shorting a certain company can become an obsession for some funds. There are so many valid targets out there to be shorted for various reasons, yet they keep going after this one, despite the obvious positive outlook.
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@DOMOCAPITAL @Tinia616 Honestly, I was kind of surprised to learn that it's not yet privatized. I'm not saying that it necessarily should be, but I thought keeping such a company in state ownership is frowned upon there.
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@DOMOCAPITAL Why would it necessarily lead to significantly larger market share, and for which segment?
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@DOMOCAPITAL Not enough you've jinxed the share price, now you're after the crush margins too? Maaan, you'll get a lot of sh*t from management in the next earnings call.
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@DOMOCAPITAL Careful, because management will accuse you at the next earnings call for attacking the share price.
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@crowdturtle I'm pretty surprised how small interest there is from other funds, despite substantial improvements. Trading volume is very low.
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@DOMOCAPITAL @BuyandSold Maybe. But even if it's true, Jeremy was completely right, because none of these factors were under management's control. It's gambling, and could have gone either way.
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@bullsbayretail @DOMOCAPITAL I remember it very well, that's why I'm asking. I think there's really no other choice but to raise public attention that management's attitude is unacceptable and that they need to go. Why are we expecting any changes otherwise? They receive no public criticism.
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@DOMOCAPITAL That's not what I've meant. The judge has only ruled a few days ago. We all expect favorable ending, ofc, but would be nice to see it really done.
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