Back in January, I talked about "some rising excitements at easyJet (EZJ)", but concluded that I was going "to exit when the investor crowd are crying for more...for the record, for me that is when the stock is north of 550 pence". Back then the shares were up over 50% year-to-date and now, at a share price of just shy of 530p, they are up just over 60%. And it all seems pretty correct and rational, as today's update from the company is kind of alright.
Promotional products marketplace group Altitude (ALT) has issued a trading update emphasising that it “anticipates that FY23 trading will be materially ahead of current market expectations, and that the group will achieve record year-end results” and that it “also anticipates that the group will continue to experience revenue and EBITDA growth throughout 2023”. So what of a current 15.6% higher share price response to 26p, an £18.4 million market cap?
Agricultural supplies group Wynnstay (WYN) has issued a trading update including that its “results for the financial year will be ahead of market forecasts” as beneficial trading conditions continued. So what of a share price currently helped up further above 600p?
Aeorema Communications (AEO) has announced its scale of work completed in the final weeks of its financial year, primarily at Cannes Lions, has had a further positive impact on expected profitability and that “there is undoubtedly strong demand for Aeorema's innovative event services… pleased to announce that it has opened a new office in Amsterdam”, helping the shares up to currently 78.5p.
Cybersecurity group Shearwater (SWG) has emphasised a “set of market-beating numbers… we remain excited for what the future holds”. What of a share price response up to 140p?
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.
Packaging group Macfarlane (MACF) has published a trading update including news that it “now expects the group will exceed its previous expectations for the full year”. Sounds good!
Describing itself as a “mobile-first digital media business, which owns Entertainment Daily, The Daily Mash and The Tab”, Digitalbox (DBOX) has made a trading update which currently sees the shares, at approaching 10p, circa 40% higher. So what’s the story?…
Shares in drinks company with brands including IRN-BRU, Rubicon and Funkin, A.G. Barr (BAG) are currently 11% higher today, at 520p, on the back of a trading update. So what’s the story?…
Braemar Shipping Services (BMS) has made a trading update including that it now expects full-year underlying operating profit to be 15% ahead of its previous guidance. The shares have responded up to above 263p, but is there further to go?…
A trading update from IRN-BRU, Rubicon, Funkin and more drinks company A.G. Barr (BAG) emphasises “full year profit expected to be ahead of previous expectations” and the shares have currently responded slightly higher to 530p. Does there look further value?…
The last time I wrote about floor coverings distribution company Headlam (HEAD), back in September I titled the article ‘Me and a bunch of value investors agree on Headlam Group: Buy’. The shares were kicking around 275p back then and today they are almost a quid higher, assisted by a nice bounce today. So what is going on?…
Following a new revolving credit facility (up to $40 million “on significantly improved terms, which reflects the ongoing strength of our business”), there’s now AGM and acquisition announcements from recent share tip, Volex (VLX)…
Research data and analytics company YouGov (YOU) is “pleased to report that the group's trading for the year ending 31 July 2019 is now expected to be comfortably ahead of expectations for the year”. Sounds good – but what are the expectations and how do they compare to a now more than 560p per share, approaching £600 million, valuation?…
Shoe Zone (SHOE) has announced results for its year ended 29th September 2018 and that it is “positive about the outlook for the remainder of the year”, currently “trading ahead of previous market expectations”…
Buy and build of scientific instrument businesses-focused Judges Scientific (JDG) has updated including “the board expects earnings per share for the full year ending 31 December 2018 to exceed current market expectations as increased in September”. Sounds promising…
Contracts for Differences online trading platform company Plus500 (PLUS) “is pleased to announce… the board believes that the group's results for the financial year ended 31 December 2018 will be ahead of previous market expectations” - and the shares have responded currently more than 11% higher, above 1400p. That though also still compares with more than 2000p reached in August…
Provider of software and services for the traffic data and transportation industry, Tracsis (TRCS) has updated including, for its year ended 31st July 2018, adjusted profit “expected to be ahead of market expectations”. What does that mean in financial terms?...
Digital retail technology and enterprise software group Sanderson (SND) has announced results for its half year ended 31st March 2018 “slightly ahead of management's expectations” and “the board has a good level of confidence that Sanderson will make significant further progress during the current financial year”…
Hello, Share Pickers. Personally, I don’t drool over the Harry Potter books. Nor the films, either. But I’m not a child or a teenager and there’s no doubting the power of these spell-binding tales. Also very partial to the Harry Potter saga is Bloomsbury Publishing (BMY).
Having already risen from 7p as recently as May, shares in Elektron Technology (EKT) are currently smartly further higher towards 20p on the back of a “Trading Statement” including “the board now expects full year performance to be ahead of its previous expectations”. Sounds promising…
Shares in electronics products for the wireless telecoms infrastructure and related markets-focused, Filtronic (FTC) are currently the highest risers of the day. This on the back of a “Trading Update” announcement…
Shares in promotional space manager and services provider SpaceandPeople (SAL) are currently 45% higher today, at 37p, on the back of a “Trading Update” announcement…
Lombard Risk Management (LRM) has updated that it anticipates exceeding analyst consensus expectations for its year ended 31st March 2017 and “remains confident” looking ahead. What’s that though expected to be “in the region of £2.4m to £2.8m”? “Adjusted EBITDA”. Hmmm…
Shares in recent UK Investor Show 'Dragon's Den' selection (at 2.15p, having also been selected last year at sub 1p), Distil (DIS) have bounced a further just over 5% on the back of a “Listing in Major UK Supermarket Chain /Tdg Update” announcement...
Most recently writing on RedstoneConnect (REDS), I concluded that there looked to be continuing encouraging trading momentum and, at 1.425p, the shares were for watchlists. They were little changed on the noted share price level – before a “Trading Statement” announcement this morning…
Having previously concluded on shares in Lighthouse Group (LGT) at 11.75p that they could prove good value, I note that they are currently higher today on the back of a results announcement for the 2016 calendar year…
Shares in leisure industry technology provider Accesso (ACSO) are currently a further 1.5% higher, above 1550p, on the back of a trading update including that for 2016 the company “expects to be ahead of expectations with respect to profitability” and “a strong start to 2017”...
I looked at remote meetings technology group LoopUp (LOOP) just after the company’s August IPO – concluding, with the shares at 112.5p, that the valuation in conjunction with usual IPO and growth risks saw me avoid, but that I’d monitor with interest. The shares closed yesterday at exactly the same price as then – but are currently approaching 13% higher today, at 127p, on the back of a trading update announcement…
Shares in alcohol drinks brands owner Distil (DIS) are currently 26% higher, at 1.45p, on the back of a “Trading update” announcement emphasising “excellent progress” in the company’s most important trading period…
Market research group BrainJuicer (BJU) has updated that it is “confident” of profit for the 2016 calendar year “above current market forecasts” - sending the shares more than 8% higher towards 540p…
LED lighting technology company, Dialight (DIA) has updated that “following a good November performance and looking forward to the prospects for December, the group is now targeting an underlying EBIT (including FX) for the year ending 31 December 2016 materially ahead of expectations”. But…
Shares in provider of competitions to win luxury cars online and at retail locations, Best of the Best (BOTB) currently trade more than 8% higher, at 230p, on the back of a “Trading Update” announcement including “trading for the six months ended 31 October 2016 has been strong with profits before tax generated ahead of management expectations”…
Since previously updating on my share tips of the year last month – see HERE, both have had significant news…
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