RE: Ex divi retrace9 Dec 2016 11:39
I've reservations about the possible buyback and special divi payment agreed at the recent agm.
Acquisitions I suppose are always possible but I was disappointed they were not mentioned specifically in the itinerary.
My opinion only but I'd rather excess cash and credit available within the business be directed to a positive acquisition policy.
Is it so crazy to see us buying scs, it would certainly widen the spectrum.
Their fundamentals are sound, debt manageable, cash in bank.
A lot of there business is done profitibly through outlets in House of Fraser, that's an avenue we don't have.
I'm probably missing something wouldn't surprise me.
What do you think Soleman..
D.