RE: Acquired 0.02% today29 Jul 2022 19:12
Welcome aboard. Personally I feel like the reaction to the trading update was crazily negative. They are smashing it in the UK which is by far their largest market, and they are pretty bluntly , failing abroad. They are addressing that. I feel like 200p is achievable in the next few months and then a re rate back towards 300p by year end. Yes there is a cost of living crunch but I feel like chocolate will ride it out. I think treats like this will continue to be purchased and maybe bought even more in place of bigger ticket items. It’s a high quality company, with a great brand, it’s thriving online and in store ( see comments about sales intensity in the latest update ) … and the share price will come back.