RE: Peel Hunt9 Jan 2020 19:45
Likewise trying to think about the positives, Hubbards buy of 10K shares not really significant in the grand scheme. The high street is in probably the worst state it has ever been in, maybe some sort of government incentives on business rates but wouldn't hold your breath. The business is still highly profitable and will continue to be imo, but needs to show growth, whether enough can be achieved through internet sales (increasing) or the tie ins with ALDI etc remains to be seen. Maybe there will be a spree of significant directors buys over the coming week or so, that would be good, and expansion I think should continue, cant imagine what would happen to the SP if planned store openings were halted. The business model is sound imo just a really poor high street contributing to a decline in profits