Personally I'm inclined to focus on what the business is doing and not the share price. If some investors are concerned about no guidance being given, they should know their company better. Step One are about to enter their most important trading period of the year, giving guidance would be purely guessing. I get the feeling management are not the usual promotional type, and that's most welcome if it's the case! Everything said at the AGM is consistent with the long term plan. All metrics remain solid, there are various growth levers = the Women's product line, the John Lewis association as well as other partnerships. And children's product in the pipeline. I see no reason to doubt the continued success of the business, and am happy to top up on any weakness.
STP Price at posting:
$1.29 Sentiment: None Disclosure: Held
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