Previously writing on group describing itself as “a leading provider of digital, data and technology services to the UK public sector” Made Tech (MTEC), in May with the shares heading down towards 20p I noted a horrid trading warning and to continue to avoid. What of now results for its year ended 31st May 2023 and the shares currently falling further towards 15p?

Previously writing on “operations platform for the deskless worker” company Checkit (CKT), in April with the shares down to 28p I concluded “congratulations on the currently continuing significant cash burn and I’ll wait to see how well positioned the company really is! Currently still avoid/sell”. The shares most recently closed at 23.5p and what of now a “Trading update, notice of results & contract” announcement?

Previously writing on international staffing group Empresaria (EMR), in May with the shares down to 53p I cautioned that the half-year results look set to be particularly unfavourable and concluded to avoid. The shares most recently closed at 52p, but today “a trading update ahead of announcing its interim results on 22 August”… and what of the shares currently down at 38p?

Previously writing on energy and water systems company Eneraqua Technologies (ETP), in March with the shares heading down towards 300p I concluded that, with client budget pressures, how reassuring is the stated order book for the near-term ahead really? Considering also the valuation, avoid. The company today states that it “is pleased to announce its preliminary results for the year ended 31 January 2023”, so what of the shares currently more than 30% lower at around 180p?!

Previously writing on transplant platform company Verici Dx (VRCI), in September with the shares falling to 17.5p I reviewed was the fundraise for accelerated progress or to avert cash crunch ahoy?, concluding continue to avoid. The shares most recently closed at 7.5p, but what of them currently up 20% today on the back of a “CLIA Certificate of Compliance” announcement.

Previously writing on group describing itself as “a leading provider of digital, data and technology services to the UK public sector” Made Tech (MTEC), earlier this month with the shares up to 32.5p I questioned its stated “delighted to have delivered another period of strong growth”. The shares most recently closed at above 38p but are currently heading back down towards the prior-noted level on the back of a half-year results announcement.

Malcolm Stacey will be celebrating again as Zoo Digital Group (ZOO) is “delighted” to announce its ‘globalisation management platform’ has been “adopted by major Hollywood studio to support content localisation rollout”. The shares have currently responded up by 12.5% to 184.5p, but how much should Malcolm & co be celebrating?

Previously writing on online musical instruments and music equipment retailer Gear4music (G4M), early this year I concluded bearishly with the shares just below 700p. They last closed at 107p, but are currently more than 5% higher today on the back of a half-year trading update – so what’s the situation now?

Previously writing on flexible workspace technology company essensys (ESYS), in August with the shares up to 63p I questioned is it really “good progress against its strategic growth plan”?. What of now results for its year ended 31st July 2022 and the shares currently down to 52.5p?

A “£1.4 million Grant Secured”-titled announcement from Strip Tinning Holdings (STG) which it emphasises as “a clear endorsement of Strip Tinning's capabilities and harnesses future growth ambitions” and the shares are currently 3.5% higher in response to 75p. So what’s the situation here now?

Instem plc (INS) has issued a “$12m five-year agreement with Leading CRO”-titled announcement and emphasises it “the largest ever received by Instem”. So what of a current share price response up to 660p?

Describing itself as “a leading global software and technology provider delivering digitally enabled buildings, spaces and services for landlords and flex workspace operators”, essensys (ESYS) states that it “is pleased to announce a pre-close trading update for the financial year ended 31 July 2022” and “revenue and adjusted EBITDA in FY22 are expected to be in line with consensus market expectations… we remain confident in the market and opportunity for the group in FY23 and beyond”. So what of a share price response currently up just over 4% to 63p?

Previously writing on company which describes itself as “a leading supplier of specialist connectors to the automotive sector”, Strip Tinning Holdings (STG), last month with the shares up to 105p I questioned just how “significant” is the new ‘nomination’? and concluded I certainly continued to avoid. The shares most recently closed at 97.5p... and now a “Contract Update” announcement.

Describing itself as a “leading provider of 'Integrated Space Management Software' for smart buildings and commercial spaces”, Smartspace Software (SMRT) states it “is pleased to announce a trading update for the six month period ending 31 July 2022”. So why have the shares currently responded to the announcement down 6.5% to 43.5p?

‘Hotter Shoes’ brand 55+ demographic footwear group Unbound (UBG) “is pleased to announce that, further to the announcement made on 21 July 2022 regarding the fundraising, an aggregate of 20,783,334 placing shares have been successfully placed by Singer Capital Markets Securities Limited at an issue price of 15 pence per placing share to raise gross proceeds for the company of approximately £3.3 million”. With the shares currently down more than 40% in response, should it be pleased to announce this?!

Describing itself as “the owner of The Scotch Malt Whisky Society, the leading curator and provider of premium single cask Scotch malt whisky and other spirits for sale primarily online to a discerning global membership”, Artisanal Spirits (ART) has announced a half-year trading update and the shares have currently responded 11% higher to 60.5p. So what’s the excitement?

Previously writing on homewares group Portmeirion (PMP), in May with the shares down to 435p I was cautious – noting ‘“encouraged that the group continues to grow”, but will that continue?’. The shares last closed at 410p but are currently 365p on the back of a trading update.

Previously writing on ‘smart’ buildings and commercial spaces software company SmartSpace (SMRT), in February with the shares up to 73.5p I concluded that with the financial uncertainty and the valuation I continued to avoid. What now, following a trading update and the shares up in response, though currently 58p?

Writing on cleaning, hygiene and decontamination group REACT (REAT) in October with the shares falling below 2p, I concluded cautiously including noting net cash of £0.567 million comparing to £0.771 million at the half-year. It now reports a “proposed placing to raise £5.5 million underpins… strategy and in particular, provides the certainty of funding essential to acquire the opportunity we refer to as Target A”.

Equipment rental company Vp plc (VP.) has issued a trading update announcement which is headlined “Expected performance ahead of expectations driven by increased demand”. This sounds good.

Previously writing on cosmetics company Warpaint London (W7L), in June with the shares at 163.5p I concluded cautiously as the valuation already looked to factor in some clear earnings upside. The shares last closed at 124.5p, though are currently back up above 140p on the back of a trading update.

Previously writing on essensys plc (ESYS), which describes itself as a “leading global provider of mission critical software-as-a-service platforms and on-demand cloud services to the flexible workspace industry”, in July with the shares at 300p I concluded the future improvement needed to justify the valuation meant the stance was avoid / sell. Today a half-year trading update and the shares, having last closed at 245p, currently below 130p!

‘Smart’ buildings and commercial spaces software company SmartSpace (SMRT) is “pleased… results for the full year ending 31 January 2022 are expected to be slightly ahead of market expectations” and “excited by the opportunities that lie ahead”. The shares have responded up to 73.5p, but why does that compare to above 180p as recently as July?…

Fashion, beauty and homewares online retailing group MySale (MYSL) commences a trading update with that half-year “Gross Merchandise Value increased 36% to A$86.7m, reflecting progress in scaling the group’s off-price marketplace platform”. So why a current share price of 2.5p, down more than 24%?…

‘Smart’ buildings and commercial spaces software company SmartSpace (SMRT) states that it “is pleased to announce a trading update… the group has been progressing its objective to build a high growth SaaS business with strong recurring revenues and consequently, expects that results for the full year ending 31 January 2022 will be in line with market expectations”. At a current 75p share price, why though are the shares down from above 180p as recently as July?…

Equipment rental company Vp plc (VP.) has announced results for its half-year ended 30^th September 2021 emphasising “a strong and continuing recovery in all of our businesses”. This sounds encouraging.

Offshore energy markets technology and services provider Tekmar Group (TGP) “is pleased to announce a contract award from Global Offshore to supply Cable Protection Systems for the Arcadis Ost 1 offshore wind farm in Germany”. So what’s the detail and what of the shares, which have currently responded higher to 53p?…

Previously writing on online musical instruments and music equipment retailer Gear4music (G4M), in June with the shares at 960p I concluded on the watchlist whilst I continue to see how the unwinding from government restrictions plays out. The shares last closed at 800p, but are currently down at around 700p on the back of results for the company’s half-year ended 30th September 2021. However, with it having updated on trading only last month, what’s going on?…

On Friday afternoon fishing retailer Angling Direct (ANG) was pleased to announce that, following testing and further reassurance from its third-party cyber security advisers, its websites are back online and trading in the normal course. With their not having been doing so after unauthorised activity on its network was detected as long ago as the previous Friday, is there still to be a detrimental impact on trading?…

Power products manufacturer Volex (VLX) has announced results for its half-year ended 3rd October 2021, emphasising “strong trading and strategic progress with investment in growth”. So why have the shares currently responded towards 400p, more than 9% lower?…

Fishing retailer Angling Direct (ANG) has notified of a “cyber security incident”, though emphasising that it currently “does not anticipate that this incident will have a detrimental impact on underlying trading” and that it “does not hold any customer financial data as our website transactions are handled by third parties”. So what of a current 3.6% share price fall to 66.5p?…

Previously writing on space booking and management technology company SmartSpace Software (SMRT), in August with the shares at 150p I concluded with even the forecasts versus the reported actual delivery I continued to avoid. The shares last closed at 95.5p and are currently circa 80p on the back of a trading update…

Franco Manca and The Real Greek restaurants company Fulham Shore (FUL) has made a trading update emphasising “accelerating momentum and continued expansion”. What is this latest momentum and expansion and what does it mean financially?…

Self-styled “leading global provider of mission critical software-as-a-service platforms and on-demand cloud services to the flexible workspace industry” essensys (ESYS) “is pleased to announce… an aggregate of 10,984,552 primary placing shares have been successfully placed by Singer Capital Markets Securities Limited and Berenberg at an offer price of 285 pence per placing share to raise gross proceeds for the company of approximately £31.3 million”. Good news?…