Market's view on Likewise Grp
Published on April 2024
- Despite a positive business outlook, share prices remain at 16p.
- Headlam shares are deemed easier to trade than those of the discussed company in the same sector.
- January and February showed an 11.5% increase, with 11 new sales executives hired.
- The Chief Executive sold 2,500,000 shares but stated no further sales are planned in the foreseeable future, retaining 27,000,000 shares.
- A Stock watcher added to their holdings, anticipating positive upcoming results.
- Despite competitive pricing pressures, the company maintained stable and well-controlled gross margins.
- The company’s financial performance continues to exceed market expectations, with gross sales revenue up by 13.6% to £140.2 million.
- Three directors increased their holdings following a positive business update.
- Payments for previous acquisitions are questioned regarding their coverage and the company’s liquidity.
- Concerns are raised about the financial strain due to upcoming large cash payments related to share agreements from acquisitions, potentially affecting the company’s liquidity.