View From Reader's Windows & Desks: Isolation Edition. No 12 Stuart in Pendle Hill, North East Lancashire
Another Sunday, another set of Intu Properties (INTU) stories. I last wrote about the stock just under a month ago concluding then that 'suffice to say the stock remains a massive avoid.
Having asked for readers tips for 2020 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2020 harvest) HERE, the following is the first monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2020)...
Only one story really grabs me in today's slightly boring Sunday press and that is about perma dog Intu Properties (INTU), which I described in September as a company that 'remains a shocker...I am continuing to avoid like the plague'.
I have been a long-term bear on Intu Properties (INTU) and have not been surprised to see over the last few months a variety of corporate challenges which have justified the continued fall of the share price. Let's face it: being the owner of shopping centres is kind of obviously not an easy business to be involved with currently…
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