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May 19, 2021 11:38 am
So I have been looking at this stock for awhile and while it does not seem to be performing very well, according to a statement by LitchField Hills it has a projected price target of $10. It is a holding company based in the UK that aquires SMEs and scales them using a decentralized approach. The businesses that it acquired are all profitable and debt free.
The company's revenue grew 300% from 2018 - 2019, crushing its estimates and has been consistently profitable even during covid.
This is company that has been heavily impacted by Covid, and it has shown signs of recovery since the pandemic has somewhat retracted in the UK and I think this stock has massive potential just based on its financials alone. What do you guys think? Could use some advice.