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The consensus in the US markets right now seems to be that things are getting a little crazy out there but that Trump will keep the show on the road until November, when, in the absence of a stock market rout, he will trounce Sanders or Bloomberg in the election. Therefore, there is little to worry about until then.
Previously writing on De La Rue (DLAR), towards the end of last month, with the shares down to around 150p, I concluded on a “Trading Update” from this self-styled “world's premier currency and authentication provider”, with both balance sheet liquidity and P&L concerns, certainly currently bargepole / sell. The shares did manage to recover to around 180p, but are currently comfortably sub 150p on the back of results for the company’s half-year ended 28th September 2019…
With its shares already down from 700p+ in 2017 and more than 450p as recently as May to a prior close 187p, a “Trading Update” from self-styled “the world's premier currency and authentication provider” De La Rue (DLAR)…
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