Encouraging RNS23 Sep 2020 08:44
Been underperforming a bit IMO recently, but this share is
sadly always going to be impacted by wider poor retail results and second lockdown threats.
Should see a nice rise today in the back of what I see as a positive RNS. Let’s break £1. Longer term, can’t see much other than a bounce between £1 and £1.20. Had this down as viable £5 per share a few years back. COVID crushing it, but at least Joules is doing well and remaining afloat. Bigger picture this could do well on the other side, a few of their competitors haven’t survived the pandemic.
At least their face masks are selling like hot cakes!