Abysmal to say the least! I can see these being taken private again if the market (punters) continue to buy and then dump!11 Feb 2025 07:19
Undoubtedly these have continually been battered and sit yet again not far off their all time lows. This is unfortunate as there is good value in these albeit we’ve seen profits considerably lower due to covid and high inflation etc plus recession. Patience is running out and the CEO must be considering buy back and selling on to recoup his significant lost equity. The SP is bitterly disappointing and something needs to ignite these as for all of my optimism it’s becoming bitterly frustrating. Hoping a dividend is decs led not less than 0.65p and we get news of the upturn. Margins need to improve as I agree that with a t/o of 450m, you’ve got to realise a net profit of 20m plus at least!
BRV Capricorn