RE: Kelso - The Works 35% Down Today!9 Nov 2023 22:32
And if you timed it right then you got in at WRKS today @ 27p and with the knowledge that there is a share buyback program to come and that Kelso would in all probability have scooped some up at that price Finished at over 31p.
If you wish to see Fugazi markets in action, and after M+S's numbers and share price reaction just yesterday, then please have a read at BME's update today. Firing on all cylinders through B+M in the UK and France and through Heron Foods which they also own. Upped it's guidance, has bought 51 ex- Wilko stores on the cheap (a competitor that's gone bust - normally also a good sign) and they are accelerating their proposed new store opening program. Even paying a dividend Opens down about 7% (and hadn't even risen into the results). I have to say I picked up some at just over 500p. Expected it to open up just like M+S and couldn't believe my luck.