Subject: Re: Unite Group (UTG), UK, falling knife.
Google another example.

I bought in at 90 Jan 23 sold at 150/ 180 a year later.

Back in April this year (all in) at 150 and sold again 4 months later at 250/ 260.

Valuations looked attractive then they didn't, it's at 325 now. Makes you look stupid for selling early but the price to free cashflow multiples are nosebleed now with no visibility of earnings on capex.