Each investor has their owns goals, timeframes and risks tolerances, which can result in vastly different views on individual companies. For every short-term trader selling into weakness, there’s a value investor looking to pick up a bargain. This is important of course, as markets can’t function without a buyer and a seller for every trade. As investors and analysts digest results and adjust their portfolios for updated outlooks, this can often create mispricing opportunities until the results are better understood. With this in mind, we reached out to 3 of our contributors to ask them about a result that they felt the market had misunderstood this reporting season. Responses from Eley Griffiths Group, Hyperion Asset Management and Wilson Asset Management.