RE: Why oh why16 Jun 2026 10:07
I got itchi feet this morning, I sold the lot, I'm happy with my profit of 26%.
There are too many unknowns here and no good news. I have gone with my gut instinct on this one now. Don't normally, Utilising assets is essential in all companies, I question a US firm wo wants to takeover a UK airline. If they want it to takeover and asset strip or move assets around, a loss of jobs follow. Growth strategy in Q?
Morrisons is owned by the US private equity firm Clayton, Dubilier & Rice (CD&R) since 2021. In 2022 they bought McColls stationary, and this is resulting in 100 planned stores to close, whats that about, poor strategy plannning or is it planned asset stripping ????
Good luck all holders, DYOR