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Appoint Geddes at Kingfisher to break the company up

By Chris Bailey of Financial Orbit | Sunday 9 June 2019

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.

I know  that I have been (an incorrect) fanboy of Kingfisher (KGF) for the last year or so when the shares have hardly covered themselves in glory but I still see an opportunity prospectively here to make money.  As I noted back in March  'look at the cash flow and hope that finally the Chairman (Andy Cosslett) is getting it. Ditching the CEO is just stage one', I read in today's deadwood press that 'the former head of Direct Line is in early talks with B&Q owner Kingfisher about taking over as chief executive'.  

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