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McBride – anticipates “broadly in line with current market expectations”… so why a further more than 10% share price slide?

By Steve Moore | Friday 12 July 2019


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Previously writing on cleaning and hygiene products contract and private label manufacturer McBride (MCB), in February I concluded with the shares at circa 90p that with the net debt and the trading trends, still a bargepole / sell. Now a further trading update – and the shares currently down a further more than 10%, below 70p…

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