RE: Not looking promising10 May 2024 15:14
The only thing that makes sense and is probably happening, is there are dark arts at work within the city and the mms.
The EPS is marginally lower than 2019, operating profit is higher, net profit a bit lower , possibly interest on debt, but there again the debt is half what it was.
Meanwhile SP is half .
And to think budget companies like this should be thriving in a cost of living crisis.
Maybe all these midcaps, other examples Mony, pets, card, etc will start gaining after the May inflation print expected to be circa 2%, and after the first rate cut.
So tempted to bank my 10% profit but don't need to do so will sit on my hands.