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An AGM statement from water temperature management components group Strix (KETL) emphasises that “we anticipate delivering revenue growth of circa 30% for the group during 2021 which also underpins our confidence in achieving our medium-term target to double the group's revenues over the next five years”. What though does that mean financially and how’s current performance?...

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Hello Share Followers. Strix Group (KETL) describes itself as ‘The World leader in kettle control.’ That’s good for everyone whose kettle is running amok. But of course there’s much more to it than that. Strix develops and makes the bits of electric kettles that cut the power when the thing is boiling. Sounds like a limited sort of business but not when you have nearly 40% of the world market in the area.

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From the FCA's spreadsheet of short positions required to be disclosed to it, the following shows the shorted AIM shares with positions from 2019 and thus far in 2020 (by net short position %, those in bold not on the list at the start of 2020) – and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

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A “Statement Regarding Current Situation in China” from domestic appliances, primarily kettles, safety controls group Strix (KETL) – and the shares have currently responded to 190p, 10.5% higher…

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