Royal Doulton: NAV 62p/share, current price 12.5p/share

Nobody is forcing anybody to buy them :-))

A few of us think they are cheap and some disagree.
If they turn it around then you will probably make a very good
return on your investment, if not you will probably lose 100%.

The key is reducing their stock, they managed to reduce it from 55mil
to 40 mil in their last accounts but they need to get that much lower
than that imo, nevertheless a 15 mil reduction is a big drop and another
10 mil reduction in their next accounts will show they are going the right
way in their restructuring.
With their rights issue money and their latest asset sale RDN are a strong
bet to recover long term and whilst others may be selling I will be buying.

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