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Canāt really see why they would want to. They have their distribution agreement with Premier.
The only reason that I can see them making a bid would be if another suitor came along that might threaten their distribution agreement with Premier.
They are still using comparisons with 2 years ago. How will the market see it ?
Group sales down 1.8% on last year. The media focused on results compared with last year at the half year update.
My personal view is that management should stop āsmoke and Mirrorā tactics.
I have just sold a sizeable chunk of my holdings on the basis of what you describe as business as usual. Good results tomorrow followed by a fall in SP.
On the basis that I usually get it wrongā¦..I predict a sustained rise in SP over the next few days/weeks.
Anyone expecting any ārabbits out of the hatā tomorrowā¦..or just business as usual ?
As ever, my dilemma is shall I sell a few today, expecting the usual decline in the SP after the results or do as I always do and sit on my hands