Hi,
Not looked at this one before, but reckon it's a bargain after today's positive trading statement. Just picked up 30k at 92p (trade not printed yet).
Positives seem to be;
- fantastic brand name
- rapid growth from internet
- strong balance sheet
- 7.1p EPS just confirmed (indirectly) for 2005, so PER only 12.8 which looks good value to me for a growth company
This looks like the sort of business that can only gain from the internet, and am pleased to see they have a transactional website. Although it looks a bit "mickey mouse" to me.
Cheers, Paul.