indeed its has been stagnantover the last 3 years - but, for me, that's the attraction!!
the super long term chart is still in an uptrend going back to the managment buy in in 2010,
and the positive about the chart for the alst 3 years is that the support level of c.40p has held.
So, as i see it, the bsuiness is still growing and developing,
but not the chart is lagging slightly behind,
it would now seem surprising that it would fall through that support at 40p (given the positive trading update), thus the most likely is a decent rise from the current position (say to 50p).
it is always possible that rise becomes sustained if the market starts to take a liking to TMMG but i'd ride that wave if we get there.
so a strong trading update this morning with 10% + growth in H1, debt down
and mgt happy for similar growth in H2.
was surprised the shares only rose 1p but then againthe amrket is down 1% today.
the low PE rating and low debt , with good growth record are all supported by a good chart pattern.
it wont set the world alight but steady at this price.
All IMHO, DYOR + BoL
TMMG is in my portfolio (has been in and out for 7 years!)
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