From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

MJ Hudson Group – adjusted EBITDA even more manipulated bullshit earnings than usually?, shares suspended

By Steve Moore | Monday 12 December 2022


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Previously writing on service provider to the asset management industry specialising in private markets MJ Hudson Group (MJH), in October with the shares down to 16.5p I noted “audit adjustments” – including aren’t IT development, M&A and fundraising quite usual activities for an attempted growth business?, and that it will be interesting to see how net debt compares to £15.7 million house broker Cenkos had been forecasting. The shares last closed at 13.125p… and today “Company update and suspension of trading”!

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

CTAI

Catenai – monster dilution

Time left: 10:43:35