RE:RE:RE:RE:RE:RE:RE:Allah will save usThere is no strong bull thesis as to why CXR will turn things around anytime soon. Everyone knows that even bulls. They will burn through more cash this year. That said, they have plenty of time to turn things around over the next 2 to 3 years. I don't believe the CMA fines, if any, will be significant. The UK legislation, if passed, will only affect a handful of their 100s of SKUs in the UK.
Going forward, they have time to launch additional products, enter into additional co-marketing relationships, cut costs and get the benefit of an appreciating pound once the Brexit dust settles. Maybe Allah also gives us a helping hand:)
wheelingit wrote: GenericAdvocate I am by no means long CXR, I am not praying for anything, i was trying to present an unbiased view...calling out the longs to present a thesis as to why CXR will turn around. I also have been following the bonds as some of the other posters have...sorry if there was confusion.
I am short the equity, for disclosure
Wheels