UK 15:21 Monday, 26 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
A “Trading Update” from marketing group St Ives (SIV) commences that “trading overall in the eight months ended 1 April 2016 has continued to be broadly in line with management expectations, with group revenue running approximately 5% ahead of the equivalent period last year”. Hmmm, ok. “However, the outlook for the final quarter, and for the following financial year, has deteriorated”. Uh oh…
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Comments
Daniel Victor
St Ives ? Don’t even go there :-]
alcira16247
Steve
The company and its advisers have done themselves no favours with such a wishy washy statement devoid of any quantified financials as to how bad the situation is…….. “materially below” ….. eh? Below what?
The whole statement is so vague it makes any valuation of the companies shares almost impossible and as usual in such situations the market has taken the worse possible scenario and subsequently hammered the shares.
Given the trading uncertainties and St Ives weak, debt burdened balance sheet, the shares, as you state, must be a bargepole.