Through this process, it has become clear that the UK Retail operations of the Group, which today includes 79 stores, are not capable of returning to a level of structural profitability and returns that are sustainable for the Group as it currently stands and/or attractive enough for a third party partner to operate on an arm's length basis. Furthermore, the Company is unable to continue to satisfy the ongoing cash needs of Mothercare UK.
RE: Looks like the cheapest miner on the LSE is turning04 Nov 2019 08:22
Dark_knight - up it goes again.
Profit after tax up 78% to US$270 million in just H1 alone. And then Iron ore prices went much higher in July , August etc before easing back. Full Year results will confirm this is the cheapest miner out there
RE: The board who pay themselves $750k a year should try buying. A 4m shares is tiny!01 Nov 2019 09:19
Amxdd - the short calls in BIDS at 40p, NOG over 90p, SML at 1.8p, BILB at 50p , DLAR at 600p were all right however.
As for the directors buying shares, the point is these director buys are merely token purchases in the open market. I also put it to you, is it justified when boards who run strong cashflow and dividend paying businesses pay themselves far less?