Questor share tip: Avoid Majestic shares until profits recover – Telegraph.co.uk


Telegraph.co.uk
Questor share tip: Avoid Majestic shares until profits recover
Telegraph.co.uk
Naked Wine cost £70m in total which was split roughly 60pc in cash and 40pc in shares. Naked Wines is growing sales but only made £1m in profit before interest and tax this year, reversing a £3m loss a year earlier. The deal looks expensive at 70 times …

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