Vans from Hell?1 Apr 2021 14:00
I mistimed a chunky buy of VANL shares 2 months and had the misfortune of seeing the price drop 15%. Some recent buying and an acquisition RNS this morning has seen the Bid finally creep up over my buy in price.
They were generating reasonable free cash flow in the build up to Brexit BC {before covid]; now Brexit has happened, and it seems we are getting closer to a post-covid so the future upside seems good. I am expecting a dividend yield of well over 10% next year.