Clucker28 Apr 2014 12:58
Really does seem to be getting the life kicked out of it.
Been on my radar a long while and think Shares mag likes it. They did a big article last week on Martin & Co MCO and made a brief comparison to Belvoir. Belvoir is Shares pick in the sector. They say, "However, when compared to it's peers it (MCO) does not look as attractive as Belvoir, which trades on a lower PE and offers a higher yield."
It also gives these figure :
M&Co - sp 140.5, mcap £28.3m, Pre-tax profit £2.3m, PE 17.1, Yield 3.2%
BLV - sp 133, mcap £32, Pre-Tax Profit £3m, PE 11.6, and Yield 6.2%
With the sp now @ 117p, it is more attractive, but perhaps one should wait for the 'turn'.
I'm not in but maybe one day. They started out in 2012 @ 80p. I've always thought they were on to a winner with their formula of franchises and think their signs on houses are catchy. I think big director sells last year hit the confidence but why it keeps going down is beyond me. GL