Forgot to post this here on the day, but here's an update video we did for Stobart's results. Maybe useful to some as CEO Warwick explains the main business units & where they see future growth etc
Good presentation. Thank you. In brief Stobart (LON:STOB) is a loss making company that's just suspended its dividend but is promising jam tomorrow. And it might well deliver some profits in three years time. Infrastructure is a great alternative investment, the company seems well managed and it has some good ideas. The question for me is whether it's a good buy today at 118.8 pence. Or could I put my money to better use elsewhere. It's currently trading under a death cross and my guess is the share price will dip below 100 pence before it starts to recover, especially if the economic outlook worsens. So not one to buy now, at least not for me, but certainly one to watch.
