RE: Q1 results4 Jun 2020 02:50
Tomorrows results will be partially effected by corona but only due to footfall due to fear, the stores were open. Slightly below par is probably positive. I hope they disclose the current cash position, this will be a better indicator of q2 damage. They had almost no cash previously but a £200,000,000 rcf and access to governmental loans. From my point of view anything less than £100m drawn is good, I would also like them to be in the process of borrowing government money as this will accrue low interest probably similar to libor.