By Gary Newman | Monday 10 December 2018
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.
Revolution Bars Group (RBG) is a company that caught my eye a while back, but at the time it was for the wrong reasons as I’d noticed that the share price seemed to be on a steady downwards trajectory. In terms of this, nothing has really changed and it has been making new lows around the 100p area, losing around a third of its value in the past year – which included a brief spike to around 175p in January. This is one where there could be an argument for waiting for the trend to turn positive, if indeed it does from here, but with the market cap back around the £50 million level I can see value in buying here...
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