Q: Hello,
Topicus, lately is showing solid momentum, with stock hitting an all time high, Today. On the other hand, Lumine has lagged behind, specially after the recent results. Do you believe that this divergence in stocks behaviour is temporary or it is signalling any longer term concerns for the latter ?
Also, based on their current valuation, does it make one more attractive than the other . in the near term and what would be the price points to accumulate ?
Thank You
Topicus, lately is showing solid momentum, with stock hitting an all time high, Today. On the other hand, Lumine has lagged behind, specially after the recent results. Do you believe that this divergence in stocks behaviour is temporary or it is signalling any longer term concerns for the latter ?
Also, based on their current valuation, does it make one more attractive than the other . in the near term and what would be the price points to accumulate ?
Thank You
5i Research Answer:
It is very hard to ascertain. Both stocks do dance to their own beat. We might have expected TOI...