Done some initial research but am waiting for a set of last years accounts. Initially quite bullish looking at P&L and Balance Sheet summaries but want to look in more detail. The main thing i am struggling to quantify is the potential effect of the ongoing dispute with HMCE over the VAT issues. Do you have any info on the likely out-turn of this as I feel it has a huge bearing on the future value of this share (especially in the short-term).
the vat issue is circa ?15m which has been provided for but cannot see this being sorted out soon as contesting it also HMCE widened the net over other reatilers and this will delay further
nice rise today not sure why though ? one of those shares which can rise
or fall quite a lot on the quiet ....
with 8p rise yesterday and 3p rise so far today heading toward the 145p
break point toward 160p could break this years high if maintains momentum toward results which are due out in January
Fundamentalist did you get in ? as 130p we talked about already passed ...
Bought a small holding at 129ish monday morning, would have bought more if I felt fully comfortable about the vat issue. in the last co announcement, the comment that concerned me was "we'll let you know more once we know more", still they've started going up, lets hope it lasts!!!