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McBride plc (MCB)

Currency in GBP

MCB Price Commentary

A very long overdue rerating should now take place. Steong trading and new management should make for excellent results and profit..
I'm back in...this is a definite support, looking forward to the upturn.
big director deal and undervalued? A strong business structure with a world coming out of waiting...I'm in.
Thoughts On Earnings?
one of the largest discount brands players in Europe at a time of financial hardships. Earnings expected to beat estimates. "The firm, which makes private label cleaning products alongside own-label brands such as Surcare and Oven Pride, attributed the robust profit performance to higher revenues and improved gross margins." HL
Their 'Hospec' product is what has me most interested here. Significantly tighter hospital cleaning regimes since Covid, which I can't see ever relaxing too much going forward, offers them great opportunity. Their other products, many of which are low cost, should also gain extra attention during both a pandemic and challenging economic times.
Could We See This Rise? My Average Price At 85
as i said in October. Now golden cross, futher bullish momentum.
this stock will outperform in a recessionary market like it did in 2008.
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