I have to confess that the share price has stablized over the past several sessions. What does this bode? Most likely expectations of some kind of announcement, as the price seems poised for a move (up or down?). As for the dividend, I would be cautious in pleasing short term speculators by restoring it too early. It's far better to consolidate the business and hold cash in the kitty. As for Aldi and Lidl, these guys are in no sense concerned - as entrenched players, they will stay the course come what may. The problem lies with the likes of Asda et al, staging these endless 'price wars' that collectively erode margins of the big four. This relentless self-cannabalizing of the legacy players has a time out. One of these will have to go under, or two of them merge. Just as BHS no longer fit into the modern retail landscape, (and was scalped by invidious and egregious sharks) ditto any business that serves retail. Instead of Asda et al devising new methods, they resort to the ancient regimen of elimination by squeezing margins and poaching customers. This has to stop. The market has to reconfigure. Sooner or later. Perhaps, only the pressure from the larger stakeholders will force these very clueless management teams to think in new ways, and come up with novel strategies in lieu of self-mutilation as the route to rude health.
IMO, any time now. A builder this week restored the divi after an absence of 2 years. Eve.Std. says Aldi is squeezing the nuts of it's suppliers- 'usually means stores are under pressure. Is Aldi having a stinker dealing with Brexit?'
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