LOOKING GOOD!14 Sep 2016 12:43
Yes Gotrader, I also noticed the increased support of the Directors and I think it confirms what I have been saying for some time, that the company has been made 'lean and mean', so that loss making parts of the company have been reduced and greater support has been given to the profit making parts. It looks as if the next report will show signs of increased financial health and that the shares may get a re-rating. I do not want to get over optimistic and carried away, but it does not seem unreasonable to predict a 53p value for the shares going forward. It would be nice to see the shares return to the 70p level of former times, but I am not sure if this is still possible in the light of so many recent write offs in the value of the company. Certainly they would have to increase profits massively over the next few years......but is Huntsworth Health able to continue expanding? My slight reservation is that if the company is really on the brink of a major turnaround, why did Matthew Freud sell his shares recently.......if your deduction is correct? Certainly there was no negative publicity regarding the sale as there was positive publicity when he bought.
Maybe the saw the company a tortoise a had bigger fish to fry! Anyway, one good sign is that Diehard seems to have admitted defeat........I know he is out there waiting for the price too fall.......but the tide seems to be changing permanently in MY favour!