Porvair (#PRV) – Q3 “performed well”, recent signs of lead times, and thus order levels, normalisation
- 2022-09-13 07:37:33
It is going to be a busy week. Even beyond the world of US tech giants, there are loads of UK stocks reporting including Shell, BT Group (BT.A) and Vodafone (VOD), with the latter having a bunch of (overly) excitable new active investor chat. Who said the FTSE 100 was boring…(although for various reasons it has been a shabby performer for the last decade or so, but obviously what always really matters is tomorrow and not yesterday). Later in the week the Bank of England will be giving an update where a further interest rate increase is surely highly likely. And of course that makes the importance of corporate analysis even more important, which brings me today to Porvair (PRV).
A year ago I wrote about the 'specialist filtration and environmental technology group' Porvair (PRV) that 'in today's excitable world however I am not going to jump in aggressively on any stock where there is a thick slice of hope'. How goes it all since then?
Thin pickings in today's regulatory news statements but comments from the 'specialist filtration and environmental technology group' Porvair (PRV) strike me as newsworthy…