I struggle with the idea that this is stocked in every Asda and whatever else supermarket in the whole country, possible the UK, yet the market cap is still tiny! It will sure catch up?
It's crazy that after years of messing up ECR have now got a tiny market cap and a very small amount of shares in issue. I don't blame anybody for not wanting to be in this company given it's horrendous past but it now looks very good value for money. Look at JOG. Even less shares in issue but constant growth in the SP. Tempting this ECR...
Yes aren't butchers now being taken over by supermarkets?! Although with Warren Buffett dropping Walmart maybe the high street shops will fight back! Maybe they love butchers in the midlands/up north (apologies I'm in the south so don't know) any northerners wish to comment? Thanks.
Due to very low shares in issue it's very illiquid - so if the bulls are out which it appears they are, and why wouldn't they be when revenues have more than doubled, this could move very high very quickly. Not the same business but the same principle happened on JOG. I missed that one (stupidly as I saw it in the TEENS!) I won't miss this one. In at 34 and loving it.
Hi moneymonch - you clearly haven't read the article properly! He actually tips AAAP and his mother in law choice CTAG. Unless you were trying to deramp, do you own research carefully!