Ultimate Products (ULTP)
- 15 hours ago
- 1 min read
ULTP has been declining for a long term but recent results do not reflect the fact that this company is changing its nature and that it is probably into an expansionary phase and therefore on PE of 4 in 2027.
TNAV is only £10m as against a capitalisation of £40m. But I reckon that the market will rate according to earnings rather than putative break up value. I bought 100,000 at 47p this morning.
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