HomeBusinessRichard Teatum of Doncaster buys more Joules stock.

Richard Teatum of Doncaster buys more Joules stock.

Richard Teatum, a businessman from Doncaster, has acquired further shares of the floundering Joules.

Teatum, who owns the automobile dealership Stoneacre Motor Group, increased his investment in the fashion retailer yummy mommy from 8.9 percent to 9.1 percent.

Following the announcement, shares in Joules climbed 12.6%, or 1.2p, to 10.7p.

Teatum stated, “I believe it is an excellent investment, as it has promise and the ability to advance.” I may still purchase a bit more.

Richard Teatum of Doncaster buys more Joules stock.

A few weeks ago, he invested £900,000 in the business by purchasing a stake.

At the time, he stated that Joules was “massively undervalued” and a “great investment.”

He stated last night, “I’ve been to the headquarters and met them; I think it’s a wonderful setup.”

He stated that Joules has been harmed by rising inflation and is struggling amid a broader retail slowdown, but that management may “bring it around.”

RELATED ARTICLES

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Popular

Queen crossbow threat man acknowledges treason.

A guy who arrived at Windsor Castle with a crossbow and informed a protection officer, "I'm come to assassinate the Queen," pled guilty to...

Tom Jones’s rendition of Delilah is prohibited for choirs at Principality Stadium.

Choirs performing during international rugby matches at the Principality Stadium are not permitted to sing Delilah by Tom Jones.After eliminating it from halftime playlists...

Tyre Nichols’ mother warns Congress would be ‘bloody’ if police officer immunity bill fails.

At Mr. Nichols' burial in Memphis, vice president Kamala Harris and civil rights activist Rev. Al Sharpton also addressed.The mother of Tyre Nichols stated...

US protects Philippines military bases near China border.

The United States has obtained access to four new military sites in the Philippines, a strategic piece of real estate that will provide a...

Recent Comments

%d bloggers like this: