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Hornby – “behind budget” and is “confidence in consumer spending” likely to remain?

By Steve Moore | Tuesday 10 January 2023


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 models and collectibles company Hornby (HRN), in April with the shares up to 34.5p I continued to avoid noting it looks to remain that the valuation demands some strong growth in profitability. The shares last closed at 29p and are currently further down to 24p, so what about a latest “trading statement”?

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