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Kingfisher and the weather Gods

By Chris Bailey of Financial Orbit | Thursday 24 May 2018

Disclosure: I own shares in one or more of the stocks mentioned. 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.

Another day...another retail stock. 'Tis the (reporting) season I guess. Today's offering is Kingfisher (KGF), which longer-term readers will know I have traded once before over the last year or so, buying sub 3 quid and moving out after a 10%+ gain plus some dividends. Well, as noted most recently here, the share has been kicking around the three quid level today and that interests me. So is my call to trade the DIY and related company again for a double digit plus target gain looking wise or not after today's Q1 update?

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