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Bonkers Bargains: new team, new plan and fund raise

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Even in the most challenging of markets this business still generated significant profits and continued to pay an attractive dividend. Following the unexpected departure of the co-founder and CEO, the new management team has concluded a strategic revew and has a bold plan to accelerate growth. To help support this they are raising some new equity.  The shares have fallen back on the news but the growth story is now more compelling than ever. Read on here for our latest thoughts on this modestly valued business.  


The pandemic wrought havoc on many business models, but this Bonkers Bargain weathered the crisis better than most.

Despite the disruptive climate it continued to invest in its technology and people and also expand its geographic footprint. Throughought this considerable period of investment it has also continued to generate attractive profits. 

Unfortunately the unexpected departure of the co-founder and CEO, followed by the resignation of the CFO has muddied the waters, bringing a sharp sell-off in the shares. Having bounced off…

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