Just a bit of23 Mar 2019 08:00
Patience eurofil I only hold companies like this that have been destroyed, are making profit, plenty of cash, low debt, a great up and coming brand and in this case no debt :-) a sound business model that has adaptability (online online online) and assets way above mc
The fact that they are expanding globally is a bonus.
The companies with high levels of debt and over pumped companies like the ftse 100 and the likes of boohoo will get absolutely smashed in the upcoming downturn.
Review in June shut 80% of the stores and all of the concessions and just go online like boohoo.
Higher highs all week bodes well we just need 19p to be taken out and the 30’s will occur very quickly.
Also one of very few stocks to finish blue on a dreadful but well overdue correction for the pumped ftse100.
The crooks at the likes of peel just want to load up like they did in foot in the 20’s the same is happening here.
Funny I have read the vast majority of the posts over the last 3 months on here and advfn and not one negative post has made me think this is anything but 200% undervalued.
Busy weekend of sport and family activities have a good one all.
Bring on the review and shut those