I am a happy holder of Bonmarche Holdings (LON:BON) this am given a reported 8.5% rise, one of my value buys in the retail sector. Net cash, single-digit P/E and well-backed 6% dividend yield, with forecasts of EPS growth for next year and beyond...

But I am puzzled as to the reason for this rise? Is it simply an artefact of the typically thin volumes one sees in the post-Xmas pre-New Year period? Or is there a real explanation? I see nothing in terms of RNS announcements, but I wonder if I have missed something...

Any explanations gratefully received.

Finish reading with a 14 day trial

or Unlock with your email

Already have an account?
Login here