Subject: Re: Unite Group (UTG), UK, falling knife.
Don't worry TRS it ticks the boxes as a decent value play IMO. Markets overshoot on both sides. I take a 3 year view.
Eg I purchased Alibaba and Meta 2022 and they fell futher and futher and a few years later the fall that seemed big at the time looks like a blip.
Ive been in and out them since. Sometimes they move 50% in 3 months. Alibaba moved 40% in a day once (amazing for a 200bn cap company)
Stick your share cert in the sock draw and come back in 3 years.
Buying cheap quality companies on my watch list is always my aim, I also like looking at 52nweek lows and now 5 year lows!