RE: 170p7 Jul 2022 11:37
I’ll buy it, out of politeness, in the absence of other takers. It’s when you buy, or buy again and how much, on your own assessment. That’s individual, isn’t it.
My own view, may already have bottomed, or not, but I think it’s close. it’ll be cheap when times improve, or reports show its doing better than the gloomy market imagines - 170 should be easily achievable over time. So I’ve recently acted quite strongly on that basis. It’s a calculated gamble of course, it always is - but no good if you’re time constrained.
I’m still inclined to believe there may be Travis sellers complicating the issue, whilst Kingfisher complicated by buyback and apparently, shorting.