RE: Sunday Times Business29 May 2024 14:23
The drop in adjusted revenue, I can understand drop in reported revenue with disposals but to see a drop in adjusted has put me off a little. Although they expect to see revenue flat by year end, there's alot of uncertainty in hy2. Macro looks shaky with sticky inflation. Furthermore. Shorts are roughly above 2% from what we know. The above two things have changed since March. The price action seems to be pushing back and looks very weak. The drops outpacing the index. yes directors have bought. You can have a plan, but city wants results. JL had a plan but failed to deliver the results. City likely to think could it happen again with AH? They want to see the figures turning maybe ? Just uncertainty and the unknown imho