I agree Netzero. He's doing a good job and comes across well. He's transparent and accepts mistakes made and is now correcting them. It's a slow turnaround but it's getting there. H2 should look decent and going into FY25 things should markedly improve :)
I think it will keep on the descending wedge stylee which we have found ourselves in since Jan. not forever though.. sooner or later we will break out to the upside and not look back.
Time to be buying is now not in 12-24 months when this is back at £15++ imo ;)
It's a tough time for the company and it's a bump in the road but the turnaround is progressing and it's gradually becoming stronger regardless of what the SP looks like right now :)
RE: Come on Mike - where's your bid?25 Apr 2024 10:29
That's my bet to Reardon, otherwise he'd be buying boohoo, hornby, curry's, AO and whatever else he has his fingers in lol. He knows a good bargain when something is beaten down :)
I think if it's going to happen it'll be this year, otherwise it's likely the turnaround (if it goes to plan) will be well and truly beyond green shoots. Never say never I just think the time would be this year if it'll happen. Otherwise we will back making profit, growing revenues and sat at £15 a share 😉💪
I mean if the BOD were that confident of FY25 guidance and beyond in terms of the margins back to pre COVID, profitable and revenue growing business there would be absolutely no reason to sell this unless an offer was realistic not opportunistic. Share prices are in the gutter for a reason, they won't remain there..