Share Price25 May 2022 10:40
So correct me if I’m wrong but when Stroll took over AML, wasn’t the SP around 30p (equivalent to current SP after the number of shares were restructured last year)? If so, no matter how you look at the company right now - good, bad or otherwise, I just don’t see how the SP and MCAP is where it is today other than AML is currently way oversold. Cash flow is key at the moment for any company and whilst always forward looking, the company’s position financially has remained stable and fluid and it’s performance has done nothing but improve since Stroll took over. I started buying more at 700p (and still hold my original average of 1200p) and will buy more if it drops another 10% from here as IMO, the SP today does not reflect the progress or position the company is in today. The luxury market and ultra wealthy will not be affected in the long term (or particularly in the short term), they only ever take more from the rest of us to indulge on themselves!!!!!