Most recently writing on designer, developer and international distributor of toys, games and giftware Character Group (CCT), last month with the shares down towards 240p I questioned whether it was seemingly likely profit decline just due to tariffs uncertainty and concluded to still avoid. The shares most recently closed at 255p and what of them currently falling to 240p on the back of half-year results from the company?
I noted earlier today that a “Trading Update” from UK window, door and roofline products company Eurocell (ECEL) was a profit warning which dare not speak its name, so what about also today an “AGM Statement and Trading Update” announcement from company describing itself as “Britain's Brick Specialist”, Michelmersh Brick (MBH)?
Most recently writing on group describing itself as “the UK's leading bathroom retailer” Victorian Plumbing (VIC), in January with the shares down to around 94p I concluded an already decent earnings multiple and obvious risks to growth suggested to still avoid. The shares most recently closed at 107.5p but what about them currently back towards 90p on the back of a half-year results announcement the group argues is “highlighting the significant progress made against strategic priorities”?
Most recently on company describing itself as “a SaaS based technology company that enables store-based retailers to optimise their businesses to improve financial performance” itim (ITIM), in February with the shares approaching 16% up from 41p on a trading update I noted though that it was far from ahead of the expectations of its 2021 AIM admission and that also it “mindful of the broader market backdrop and potential challenges ahead” suggested to continue to avoid ahead of its results announcement. What about it now “pleased to announce its audited results for the year ended 31 December 2024” and the shares currently responding more than 13% lower to 48.5p?
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