RE: Still a good proposition?23 Jul 2020 02:00
Ignore the moronic responses you tend to get from some people, there are many helpful posters on these boards but also the pure ignorant ones, I'm sure you also know theres people who give their point of view which is based on their agenda not facts and some who just want to pump or dump on a share for other reasons known only to them!
In answer to your question as Ian mentioned, institutions buying as they have is a good sign, Browns are going in the right direction businesswise but they do have debt which needs to be serviced and if the poop hits that fan all over again then times will be tricky for most shares including B.
So to clarify, imo Browns is a hopefully turning into being a good share again, its had a bit of a topsy turvy past but then again many shares do and ave came back stronger, its got decent revenue and big players investing, if things dont go haywire again then Browns will go in one direction and thats up
......BUT and I'll say it again .....BUT if a hell of alot of the financial people/experts are correct then we have a correction coming for the markets and if some are to be believed its not just a little one! Dont forget we are in a recession and we wont just pull out of that recession in a few months, if anything we have some realy bad times coming, the lag from whats going on will slowly start to catch up and then we will have some big issues cropping up.
.....BUT (I like big BUTS) people always need clothes or do they? Hmm?
Hth sort of helps but I do ramble on about nothingness sometimes!