RE: Hello13 Mar 2021 15:04
Hmso is a great recovery play SP.
It's always had debt
31st Dec 2019. Debt . 2.843m
31st Dec 2020. Debt 2.231. And liquidity of 1.748m
They will be selling Brent Cross South and other assets which equate to 73m which brings the debt down even more.
They also have Land Bank opportunities of 103 acres which they aren't looking to develop fir retail, residential, schools, hotels etc.
Once shops open the rental income will flow!
They are working on becoming a more streamlined business.
This SP is even cheap at this price.
In years time come this will be £2.00+
Hold for gold..
GLA