Not a great day today, the SP will probably get back to its close of yesterday then it'll be a wait till April for year end news. Between now and then we may get a ruling on Footasylum??
I'm talking pre tax profit which are the numbers you will see in the update. As in previous years we will probably get a range of possible numbers eg 400-425m. And yes the market is looking at up to 25% more pre-tax profit this year which will presumably translate into net profit.
Recent buying after Pentland reflects the current sentiment for this share. For me it is now a matter of whether the company has over stretched itself or not. Most analysts are expecting a good end of year profit again.
I really really don't understand why people want to invest here. Since 9p there have been various better and safer options on the FTSE250. And for many who invested over the summer they are today seeing rewards with Boris's win.