RE: Peel Hunt increase target to 170p21 Mar 2015 10:35
Interesting. Looking at buying into this share. Done some research here. So CIC, inkjet division, only accounts for 3% of revenues. I checked the balance sheet for 31.32014 and it accounts for £23m of net assets (some 30% of all net assets) and is loss making. Does this mean a further provision is likely in order to write the assets down, given they're loss making? Only just began following this share, so apologies if I missed some historical news that might address my comment.