The big news today is the completion of the strategic review in Manufacturing, and proposed disposal to a large North American buyer for £35m, a premium to the market value of the group. While the trading update was slightly shy of expectations, this disposal is transformational, realising significant value for investors and shifting the focus to being a pure owned brand specialist with future expansion potential. Our fair value estimate is c280p post disposal but this would grow to >300p on acc ....
15 Jul 2019
Transformational disposal = value & focus on Brands
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Transformational disposal = value & focus on Brands
Brand Architekts Group plc (BAR:LON) | 20.5 0 0.0% | Mkt Cap: 5.73m
- Published:
15 Jul 2019 -
Author:
Matthew McEachran -
Pages:
3
The big news today is the completion of the strategic review in Manufacturing, and proposed disposal to a large North American buyer for £35m, a premium to the market value of the group. While the trading update was slightly shy of expectations, this disposal is transformational, realising significant value for investors and shifting the focus to being a pure owned brand specialist with future expansion potential. Our fair value estimate is c280p post disposal but this would grow to >300p on acc ....