RE: 1.5% revenue growth? No update on Cash position22 Feb 2023 09:31
Joner
Haha. Yes it is about Revenue growth. Obviously. Yet we know due to Covid Gyms closing etc there was a slowdown in that growth. Then they had to leave Russia and took a hit. It is a known.
But on the last update and extra funding requirement it share how prices took off in its main ingredient, whey. And other cost increases. Now that has been stymied things are looking better. Yes on the surface 1.5% growth does not look good. Haha
Yet what it shows is everything is now capped. No more increase in prices. It does not need to report cash at this time. The big plus is the benefits of the new factory coming on line will now pay off. Plus the new contracts in the USA this is all a big positive.
If what you want a return on fundamentals you would be paying upwards of 20 pence or more 30 pence. The idea is you buy now in expectation of those things. Not the actual things, LOL.
A few months back things were looking poorly. Now things are looking brighter. And it is quite possible there could be an offer for the group of an asset. That asset could be multiples of the market cap. The company is clearly undervalued now on present income but on prospective income and a turnaround. Its a great buy price but not for you. So do not buy.
Come back when it is 20 plus then tell us all that you should have bought. This is the best turnaround play out there at the moment. Great products. And those products would look good in another folder or large international.