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From tag1989 on Reddit.

Very solid work!

1. I would agree with your very first line actually; it's a great company no doubt, but i would say it's currently at a reasonable (or fair) value - £6 or whatever it is a share. definitely not a bargain or cheap at present, but on the road to perhaps.

2. Obviously they had an excellent past couple of years with everyone being at home and doing renovations etc, so it will be interesting to see the knock on effect of rising costs (or strictly speaking, people diverting their money/savings to more essential needs) as well as rising interest rates and how they attempt to mitigate these as best they can.

3. I'll finish by saying that it's probably one of the few UK businesses in the FTSE 100 or 250 that is actually well ran, is forward looking, and knows exactly what they're doing.

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