This share is too cheap....13 Dec 2018 10:26
Given the metrics we have now, this share is too cheap. As an earlier poster pointed out, the decline in cash to meet lease payments, depreciation charges etc is in the past and can also be considered a clean out of the cupboard by new management. The markets price forward and we saw a decline in price of the share recently to 140p for no apparent reason. With the results out, I believe the market will continue to take the share higher on expectations of further improvements in EBITDa and we should soon be at EBITDA profitability.
And by the way I'm a long term holder, just I don't feel the need to keep cutting and pasting repetitive view points.
For shorters, they have had their fun and now is sure to be too late in the game to be short this stock.