If anyone is in any doubt about what this stock is capable of just look at it bouncing to $2.70 on 24 November on news of vaccine. It does'nt matter how messy the company presentation is ... does'nt matter if they've got streamers coming out of their ears.. only one thing matters; the word 'profit' based on rising housing market.. the company presentation is about the recent past, the worst time for trying to make a profit during covid lockdown.. the herd is running now 'cos it's unfamiliar with the UK housing market and the fact that this stock sells a product the market wants. looking at lack of profitability in last quarter is not relevant. Note it has little debt despite the covid shambles in Britain now.. I just buy the dip.. it will look cheap in a few weeks when vaccine rolled out and lockdown lifted..
VUK Price at posting:
$2.36 Sentiment: Buy Disclosure: Held
