companies with large debt1 Feb 2018 12:11
are now being punished. If you look at the support services, Capita, Serco, Interserve etc. They all have in common the fact they have huge debts. Look at the AA there SP is heading towards �1. The only way PF will get above 60p now isa by selling Batchelors, but that creates problems with lower sales etc and the debts will still be high. It is ironic that if PF hit 50p, you could sell and invest in Serco if it is available for 50p soon and you have a better cahnce of seeing �1!!!
Sods law suggests, PF will remain 40-45p whilst these shares recover!!