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Personally I think it’s all going to depend on the strategic update to turn this around. If there is a whiff of going private or potential buyout of part or all of the business it may pump the sp back up.
I think results are going to be so so, anything other than out of this world results won’t make much difference. The sentiment for this share is terrible. I’m a fair amount down so I’m keeping my fingers crossed for a better September!!
Whey protein elite and a couple gym shirts on sale. I have been using my protein the last 3 years, always happy with the product and service so have never bothered looking at alternatives. The only research I did initially was to find a product that had a high protein content with low sugar and additives and the whey elite fitted the bill
This is worrying but mostly irrelevant to my protein. Their customer base is those who are returning customers who are dedicated to fitness. If you cancel your £40 a month gym membership because of money issues you are not buying whey protein in the first place. Also, all of the other stated reason are basically lack of commitment, there will be plenty of people cancelling gym membership on the back of the idea of getting fit after the pandemic. A bit like why gyms are busy in January with the ‘new me’ crowd before being back to status quo in July. The pandemic has brought health and fitness to the forefront, obviously there will only be a few who stick to it, but those are the ones that will be buying protein products.
My partner is a rural accountant and they had a talk today that the milk processors are raising the milk price for the farmers from 31pence per litre last year to targeting 50pence per litre by the end of this year. Don’t know how this will effect the whey prices in the uk
Surely if they wanted the share price to recover further they would have let him made the offer officially and then reject it. It’s like they are saying they want the Sp to go up and burn the shorts but in reality they don’t give a flying f**k