We believe last month was the bottom for the share price. Trading may deteriorate in Q2 as flagged but the fundamentals of the market XLMedia is selling into have not changed that much. There's certainly nothing in the price for the US opportunity and the balance sheet is rock solid.
27 Apr 2020
Cenkos: XLMedia Plc -- The bottom
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Cenkos: XLMedia Plc -- The bottom
XLMedia Plc (XLM:LON) | 12.5 0 0.0% | Mkt Cap: 32.5m
- Published:
27 Apr 2020 -
Author:
Cavendish Research -
Pages:
5
We believe last month was the bottom for the share price. Trading may deteriorate in Q2 as flagged but the fundamentals of the market XLMedia is selling into have not changed that much. There's certainly nothing in the price for the US opportunity and the balance sheet is rock solid.