Potential revised approach in progress (based on Minervini and a few others) and wished to share this for comment.
Note: This came up on my purely technical Minervini type screen - https://www.stockopedia.com/screens/minervini-396388/
Finding it hard to ignore (even though I have avoided on instinct, Netflix, tablets, not wanting to go out, much more comfortable at home etc.)...
PER is 13.3.
Rev is not great but OK - 67.3 to 71.0 actual then to 76.8 forecast.
EPS from 6.61 to 12.3 actual then to 18.9 (forecast) is though, 100% and 50%!
A great ROCE 16%, Industry standard 6.39%.
Op Mgn above Industry standard 13% vs 11.3%
4% or so yield and forecast to rise, reasonably well covered.
Small Net Debt - Much less than Op Profit and less than 5% of Mkt Cap.
Aggressive Entry 265p, Conservative 280p.
Almost talking myself into this one!
Thoughts?
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