Q: Good afternoon 5i
I am thinking of selling Park Lawn for a tax loss. I believe you mentioned that it would likely need interest rate cuts to find some traction. I plan to buy it back. But, i was wondering whether you see any catalysts that might resurrect it within thirty days?
Thanks as always for this excellent service.
I am thinking of selling Park Lawn for a tax loss. I believe you mentioned that it would likely need interest rate cuts to find some traction. I plan to buy it back. But, i was wondering whether you see any catalysts that might resurrect it within thirty days?
Thanks as always for this excellent service.
5i Research Answer:
PLC reports approx. March 1. As an acquisitive company PLC could make an acquisition nearly anytime, but we see no specific catalysts other than earnings on the horizon. The average move on earnings releases is only +/- 2.9%.