REDD.L Share Price (REDD)

Since then the share price is behaving much more as one would expect after the recommendation.

Was thinking of buying more stock, being 25% up on by buy six months ago.

That is until I read on yahoo finance that EPS is forecast to decline by an average of 14.1 % for the next 3 years. and that its high debt is not covered by operating cash flow.

Time to cash in rather than buy?

The new name seems to lack the dignity and gravitas of its predecessor but no doubt the Board will be hoping that they have captured today's zeitgeist - whatever next!

Utterly ridiculous, especially when combined with management-speak justification like "The Board believes that a more modern brand and name reflecting these changes will also help shift the narrative with all our stakeholders towards the Group's strategic direction of travel. This is aligned to our updated purpose, 'to keep customers moving, smarter'.". At least they're not changing the trading brands, so hopefully any corporate reputation damage should be minimal. Not much point saying any more about it, this site will have disappeared from LSE in about 10 days time to be replaced by a blank ZIG page, see you all on the other side. FYI, sites like HL port the "old" information across when names change, so you'll still be able to track the history of REDD on their new ZIG page, unlike LSE where it's effectively lost to viewers.

Have been a supporter of this company since 1990’s but I think the name change is ridiculous

What does it mean or stand for nothing - better putting the energy into growth!