Hello share snatchers. Our beloved government does like to interfere in profit making business, does it not?
The stock market was a roller coaster on Thursday. A sharp decline prompted by renewed geopolitical tension in Ukraine was followed by a sharp rally while Janet Yellen was speaking. In light of all this turmoil I believe I have identified a stock, which could be well positioned for a rally in the coming months; Enterprise Inns (ETI).
Enterprise Inns (ETI) was my second share review for Share Prophets.com at 107p in late June2013. Yesterday, the company produced its results for the last year to 30 September 2013. The share price last seen was 152p, having peaked at 160p in October.
Enterprise Inns (ETI) lies on the dross heap of hope. So a good share to have a look at! The share price last seen was 107p and the equity capitalized at a mere £483 million. Five years ago, when its business model management reputation was in fashion and riding high, the share price was more than 11 times greater, at 1,248p; not that such fact is in itself, a reason for buying the shares now.


