RE: Really27 Aug 2025 08:57
I think at the end of the day it’s just been too cheap for too long and market set their expectations so low based on the low share price, tariffs, Russia, Nike, economy, Labour, reeves, etc that hitting normal figures is a job well done. £1.50 making £980m then 70p making £920m. I means what’s the P/E at a quid when they are making even say bottom end of forecasts of £850m, I can’t be bothered to work it out properly but surely can’t be much more than 10?