Two Blokes

Is Naked Wines the cash cow of the small-cap sector?

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    Posted by Two Blokes Apr 25 - Filed in Stock - 4 views
    Panmure Liberum reckons Naked Wines PLC (AIM:WINE, OTCQX:NWINF) is sitting on a cash bonanza. The broker has slapped a 150p price target on the stock, nearly double Thursday's closing price, and declared it a “strong buy”, pointing to a future net cash pile of over £100 million and a free cash flow yield rising to 13% by 2026.