This company has an excellent track record going back more than two decades, with the shares originally traded on Ofex (now the Aquis Stock Exchange). Management has consistently grown the business, but it has also known when to be cautious and when to take advantage of opportunities. This is a period when there are enormous opportunities.
New openings are yet to be fully recognised in revenue terms, even though trading levels in newer sites have accelerated much faster than in the past.
Revenues, profit, net asset value and dividend are all heading higher. Yet, the company’s rating is ...
