RE: BBC news this morning Beauty booming6 Dec 2022 08:12
At the end of the day until interest rates are paused or cut we will not see huge rises unless taken private MBO. The same reason as THG getting to £8+ was an environment of Zero interest rates. The opposite & worst possible scenario for THG and similar growth tech is interest rates rising very quickly and that’s exactly what’s just happened. We are near the end of this phase and 2023 will see a pause or cuts & we will move back over £2 as the cycle once again changes. Just stay in the game and you will be rewarded as the Macro eventually changes. Add to that some good results along the way & this will fly higher in 2023 IMO.. So ignore the daily SP grind it’s irrelevant and not good for your blood pressure!! Lower petrol prices from these price fixing supermarkets would help us get to cutting interest rates much much quicker. Fill your car up at an independent do your bit…