RE: Lb28 and Gareth25 Feb 2019 23:03
Hmmm strange post on the quiz board. Personally think this has the legs for another move upwards.
Remember I was one of very few talking to myself including sbb, hereshopin etc at the low.
I sold at 52p as I could not resist taking a 95% rise.
This is still undervalued but my main reasons for taking a profit were two fold why on Earth has one Director not out their hand in their pocket at this level and lastly the real concern cash burn or cash call.
Why continue to open store after store when they should be preserving cash and growing the bottom line.
At 25 million this was ridiculously undervalued at this level it is moderately undervalued
Quiz 12 million in cash zero debt 44 million in net assets and 18 million net profit in the last 3 years plus they are going global all for 39 million plus a 15% divi.
You certainly told us on the quiz board gla :-)