RE: Kelso Group…9 Feb 2023 11:20
Pearls I actually bought well from both MyProtein and Lookfantastic on the run up to Xmas and both were delivered promptly by Evri and not Royal Mail and I said as much on here, so not sure "crippled" is the best choice of words.
That said the share price is far too low, leading to minimal selling and Kelso onboard as an active investor.
Asides the sum of parts being far in excess of the present share price we move forward day by day to the expiry of the Golden share, reduction in whey prices providing a boost, efficiency and cost savings, capex reduction, Whale additions amounting to £1 Billion GMV additions, broadly breakeven this year and profitability next, a very healthy bank balance and facilities and await our next capital event. Being now valued at approx 1/3 of the lowest of the previous 3 bids, lowest being 170p)
Its still an add monthly for me and taking advantage of any presented dips.