By Steve Moore | Friday 7 October 2016
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Having joined industrial supplies distributor Brammer (BRAM) as CEO on 1st August, Meinie Oldersma has purportedly “been impressed by the market position and the expertise and the quality of people the group has built over the last few years”. However, the shares are currently more than 30% further down, at 87.5p, on the back of the “Update on Q3 Trading and Financial Position” announcement. Hmmm…
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