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Tortilla Mexican – I just do not understand what Lucky Luke Johnson is playing at!

By Tom Winnifrith | Wednesday 24 April 2024

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.

You may remember shares in Tortilla Mexican (MEX) surging to almost 60p as my pal “Lucky” Luke Johnson took a disclosable stake. I do not want to bet against Lucky but he is not infallible and Tortilla’s calendar 2023 results are out today and are piss poor. Moreover, there is all the sort of red flag willy waving in the statement that would normally see Lucky run a mile.
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