RE: Great opportunity to buy this gem (MANO)27 Jan 2021 01:50
Its a good company but is it the right investment?
IMO it has corrected towards its fair value. It was way overvalued at £150Million+, and corrected towards a comfortable 88M. Remember it is just a litigation company of about 20employees in a leased space in London. It has no technology that they can upscale or utilise extensively in their line of work. Leaving it labour intensive with increasing overheads.
Don't get me wrong, its a good company, the balance sheet and cash-flow proves it. But it is the right investment?