This is just some thoughts, it isn't investment advice or incitement to buy in any way, just my views - please do your own thorough research. I’m not an analyst, I’m just a private investor looking after my own money. Nothing I do or say is meant as advice or should be taken as such. Here I publish my ideas and research that I have done and discuss the way I invest. Anything written here needs to be verified for its accuracy. Assume any stock I write about I likely own, so my views are biased. Inevitably I will get things wrong, everyone is responsible for their own decision making and what they buy and sell. Subscribing and reading this article means you accept the above and you take full responsibility for your own actions and decisions. Small Cap stocks can be illiquid and very hard to sell at times when demand is weak so caution is required. Well the rain has killed any hope of doing anything meaningful outside today so time for a weekend review again this week. There’s a fabulous feeling about the market currently imo, although many may not feel it. When investors/traders sell off just because they cannot take anymore, when they just want ‘pain relief’ or 5% guaranteed from gilts looks attractive compared to fluctuating equities that may fall at times and not even pay a yield, you know there’s a lot not participating long in this market. So why do I feel bullish (apart from the fact that I am always optimistic and often get called a perma-bull) ?
Thank you Harry, agree regarding TUNE
Having previously been a holder I'm also kicking myself (bought at £14, watched it multi bag to £45 then watched it fall to £19 before getting out with only a modest profit - ouch).
Just one thing I would add to your commentary is the pension fund deficit which currently has annual deficit payments of $4.3m which is quite significant in relation to the current level of f/c PBT around $9m for FY '23.
Fabulous post as always Mr Crow. The £avon masks are very specialist and value added
p.s. giant bowl on £tune forming