Hi , Interesting what you say .
However do you not think it is slightly different as MAY is going to have a large management change and the profits are down I think they mentioned this , and The new broom may wish to write off all kinds of things so that from when he is in charge it will show good gains ?
The PE Ratio seems high to me also .
I may be wrong however I will be interested to read your comments.
I am not advising anyone as everbody should carry out their own research.
Thanks B2
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