Shares in women's value retailer Bonmarche (BON) are currently recovering more than 7.5%, to 85p, on the back of a trading update which notifies of 3.3% sales growth in the 13 weeks ended 24th December and that “the company's financial position remains sound and the board's expectation for the full year is unchanged”. However,…
Hello Share Scrimpers. When times become hard - and loads people are just not earning enough in these days of minimum wages and zero hour contracts - some things have to be gone without. One of these not-so-essential services is the provision of new clothes. Personally I’ve not bought any new threads for some time, due to a bursting wardrobe and the paucity of interesting new fashions these days.
Womens value retailer Bonmarche (BON) has announced it has followed a “generally poor summer season” with “extremely poor” trading in September – stated to be “largely as a consequence of the unseasonably hot weather which has not favoured sales of our new autumn ranges”. Hmmm…
With Bonmarche Holdings (BON) currently we have an interesting daily chart perspective with it likely that there is a divergence of views between those who simply see a relatively illiquid stock in a range, contrasting with the idea we are looking at a situation where the possibility of an imminent break to the upside provides a dynamic bull prospect.
