RE: Europe down premarket with data in limelight27 Feb 2024 11:28
Morana last bought around the 22p mark many moons ago, hopefully he seems some strength here again and dips in. Although, there has been no buys from the directors recently there has also been no sells. Albeit I do count Umar as someone that has a great insight into the business and day to day runnings him buying 3% is a good sign. Note JL sold half his holding here he still has skin in the game like a lot of other directors.
It’s been a quiet start to the year for BOO but they will be working on something big quietly in the background to turn this ship around.
SP is at a floor and historically this point has been a ceiling, especially as BOO has had considerable growth since 2014 and is arguably a completely different animal.
This and ASOS will move it’s just a case of when, you will need patience either way. Very very cheap in comparison to some of the US stocks at todays money 💰
Keep the faith 🥊