Webb 360 Ventures: HG Wells, mis-directing and an old “friend” for Drunken Sailer. Red Flags abound as it touts for my cash!
KEFI Minerals – prospective investor misses deadline… but at an opportune time for the company... its good news: BUY
Previously writing on mens formalwear and fashion retailer and hirer Moss Bros (MOSB), I concluded in early March with the shares at 20.5p that I last wrote on the stock in 2018 concluding, with the shares at circa 41p, I’d consider it still better to look for offers from the company rather than buy the shares. Hopefully that view was heeded and, if not, with the financials noted… and the current worsening macro situation, I’d be thankful for the offer and play it safe now. Sell. Now “Offer Update”...
“The boards of Brigadier Acquisition Company Limited and Moss Bros (MOSB) are pleased to announce that they have reached agreement on the terms of a recommended cash offer” – and shares in Moss Bros are currently circa 50% higher at 20.5p…
A (Top) hat tip (sorry!) to Chris Bailey re. mens formalwear retailer Moss Bros (MOSB), with he in March having noted serious corporate shooting yourself in the foot and suggested to look for offers from the company rather than buying the shares. The shares are lower, despite a half-year results announcement which included “early responses to the Autumn/Winter 2018 range across Retail are positive and product availability is good”…
Onto the more serious issue of the price action of Moss Bross, and it is can be seen that over the course of 2015 the shares have delivered a double top through 110p, not necessarily a big sell signal, but one which does ask us to look around for possible confirmation.
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