May have spotted something with great potential
GFRD - great company, recently sold its house building business to Bovis home which ended the long lasting Hybrid business model.
With over £1M cash in the company and £1B order book and a very much debt free. £1.20 per share is relatively cheap.
Technical wise, trend line resistance level been tested multiple times now and today volume surged and the Bulls won, should be expecting a higher open tomorrow and never too early to bid long.
This is under a great contraction at the moment and should expose soon and needed some good news to trigger. I would want to ideally wait for the break out, but equally, the risk profit level seems attractive enough for me now.
With over £1M cash in the company and £1B order book and a very much debt free. £1.20 per share is relatively cheap.
Technical wise, trend line resistance level been tested multiple times now and today volume surged and the Bulls won, should be expecting a higher open tomorrow and never too early to bid long.
This is under a great contraction at the moment and should expose soon and needed some good news to trigger. I would want to ideally wait for the break out, but equally, the risk profit level seems attractive enough for me now.