By Steve Moore | Wednesday 17 November 2021
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing on UK neighbourhood retailer with over 1,200 stores McColl’s (MCLS), last month with the shares around 23p I questioned how “well placed” the balance sheet with the ‘Morrisons Daily’ developments delivering the strongest performance across the business. Today a “trading statement”… and the shares currently around 15p.
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