IC is usually way too early with their "tips". I remember they were tiping CMCX at 170p last year with a "Strong Buy" and it ended up bottoming around 95p
What good is all that revenue growth if they been losing money for all those years, AND will continue to do so in the next 3 years at least. It's just not sustainable
RE: Currys/ Elliot Takeover Bid Refused19 Feb 2024 08:18
Fair value is around 65 so I doubt Apollo would have offered much more than that. This company has not been making a profit since IPO and not a single analyst forecasted it will in the next 3 years - what kind of growth company that goes backward
I have another pot for long term hold, for the real growth companies, not loss-making low quality stocks like this. I’m afraid this one is only good for one-night stand