RE: Returns Fee26 Feb 2024 12:16
Crawshaw I thought you said you wanted an adult debate.
So any business with less than £2bn revenue, you would class as a minnow? That seems more than a little strange
I'm totally unclear how eps affects the scale of a business, perhaps you could enlighten me? Presumably you wouldn't have described Boo as a minnow when it was profitable then
What were these vastly overpriced acquisitions, we had a long debate over the weekend about how the sp went up 16% after the PLT acquisition, so presumably the market didn't see that as overpriced. In any event, I'm unclear how acquisitions, which by definition grow the scale of a business can help to define it as a minnow. Perhaps once again you could explain. Debenhams will prove to be a steal for £55m and the other brands cost very little.
The other points you make are even less relevant so I can't be bothered commenting on them