Lovely job. Thank you. (Nichol's are the Vimto people. They have big sales in the Middle East, especially around Ramadan. At the mo it remains overpriced, but there have been two failed takeover attempts in the past. These were blocked by the family interest, who still have two board members. If they lose interest and the price gets into the 800s again, it could represent an opportunity).
Niox is another takeover target. Had an offer fall through earlier in the year.
Naked Wines is an interesting one that Net Interest brought up last year as a 'Bank in Disguise'. Uses customer deposits to fund a large proportion of its working capital.
Lovely job. Thank you. (Nichol's are the Vimto people. They have big sales in the Middle East, especially around Ramadan. At the mo it remains overpriced, but there have been two failed takeover attempts in the past. These were blocked by the family interest, who still have two board members. If they lose interest and the price gets into the 800s again, it could represent an opportunity).
Niox is another takeover target. Had an offer fall through earlier in the year.
Naked Wines is an interesting one that Net Interest brought up last year as a 'Bank in Disguise'. Uses customer deposits to fund a large proportion of its working capital.
https://www.netinterest.co/p/banks-in-disguise