RE: BAD3 Feb 2020 11:47
Haven't been on here in ages, but its really odd that we are living under a strong Conservative Government - Corbynites have been crushed, and this share has dropped 21% since the great news. This is despite the fact that parcels continue to deliver double digit growth, profit guidance (£350-£400 million) on target, the benefits of a rack of elections, the Christmas trading period and the success of getting an injunction. And the share price values the company at 6 x earnings. This is highly bizarre - as are a lot of UK domestic stocks - which are trading as though Brexit wasn't sorted... yes, I know the negotiations for the next part are in process, but to be honest Boris and Co will do what they want now. This stock is completely bizarre, bonkers, insane, stupid. RMG should be at least £3.00 if not much, much, much higher. Buying a few more.