Bonkers Bargains: new management offers promise
Even in the most challenging of markets this business still generated significant profits and continued to pay an attractive dividend. Following the unexpected departure of the co-founder and CEO, shortly followed by the resignation of the CFO, the new management team is undertaking a thorough review of things. Profits are now anticipated to be lower than previously expected, but the significant growth opportunity remains. Is it a compelling bargain or classic value trap, with more problems lurking? Find out more here.
The pandemic has wrought havoc on many business models, but this Bonkers Bargain weathered the crisis better than most.
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