RobbyP

SAPPI- I think the market has this one WRONG!

Long
RobbyP Updated   
JSE:SAP   SAPPI LTD
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!!!
Trade closed: stop reached:
I got it wrong... I'll have another go soon...
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