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.
Most recently writing on company describing itself as “a leading supplier of specialist connection systems to the automotive sector” Strip Tinning Holdings (STG), in December with the shares up towards 40p I concluded to avoid with forecast further losses even on the favourable-compared-to-the-bottom-line metric of adjusted EBITDA and with also its already financial position. The shares most recently closed at below 20p but what about them currently back up to 38.5p on a “Trading and Business Update” announcement?
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