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.
X-ray imaging for security and industrial inspection-focused Image Scan Holdings (IGE) has updated that “over £1 million of new orders have been added to the £600k of orders carried forward from the prior year” and that it is “optimistic for our first half performance and look for continued strong order intake to support the second half”. Is a current more than 18% share price increase, to 2.375p, justified though or is it still possibly cash crunch ahoy? ...
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Comments
wildrides
Like you say ……….no financials ……… can they even make and supply this kit and distribute it profitably . Also talking about the 2nd half performance is a “kick the ball down the road” job . Track record says doubtful they can sustain any real improvement , if there really is any in the first place . Its pretty much all puff until the figures arrive.