05 Oct 2018, 20:09
At the moment the company is in a fair position based on profits/cash flow. Problem is profit warnings are nearly always followed by another and possibly a third.
The RM market is ex growth. In decline.
Profits have peaked.
When other profit warning come the shares will tank.
Productivity gains are not happening.
The close and closer we get to an election then the danger is a Labour government and re-nationalisation.
I am bailing on 15th Oct sharpish.