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Keyword results: ahead of expectations

PREMIUM CONTENT

Billington – its interims mean this winning share tip now expects full year ahead of expectations

Structural steel and construction safety company Billington (BILN) has announced its results for the first half of the 2023 calendar year and that it now expects to deliver full-year profit ahead of prior expectations. Good news.
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MAI
MAI
PREMIUM CONTENT

Maintel – trading update, shares further ahead but still further to go?

Our July tip of the month at a 155p offer price, cloud and managed communications services provider Maintel (MAI) has issued a trading update for the first half of 2023 emphasising “significant progress” and helping the shares up to over 180p. This sounds good.
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XPS
XPS
PREMIUM CONTENT

XPS Pensions – full-year results, an ahead of expectations Buy

Pensions advisory and administration group XPS Pensions (XPS) has announced results for its year ended 31st March 2023 and that it “has made a strong start to the new financial year with continued high levels of demand”. Sounds good, and so is there further upside from a 173.5p share price?
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CRU
CRU

Coral Products – positive full-year trading statement, Buy

Plastic products designer, manufacturer and supplier Coral Products (CRU) has issued a trading statement including that unaudited management accounts indicate its year ended 30th April 2023 revenue and adjusted EBITDA are ahead of market expectations and that it “maintains a robustly healthy balance sheet with cash and cash equivalents of circa £5 million”. How positive is this from a current 16.5p offer price, £14.9 million market cap?
VLX
VLX

Volex – a recovery Buy? You Bet!

Shares in power and data transmission products company Volex (VLX) have performed well over recent months, though are still up less than 13% this year and down from above 340p at the start of last year having been higher during that year. Considering the valuation and a recent positive trading update, we rate the shares a BUY and suggest a return to above a 350p share price is quite realistic.
CGS
CGS

Castings – anticipates full-year “ahead of market expectations”, Buy

Iron castings and machining operations company Castings (CGS) has announced it now anticipates year ended 31st March 2023 performance to be ahead of market expectations and that forward demand schedules continue to reflect strong order books across its customer base.
RNO
RNO
PREMIUM CONTENT

Renold – trading ‘materially ahead of expectations’, Buy

Industrial chains and related power transmission products business Renold (RNO) has issued a trading update commencing “the strong momentum in the company's performance experienced in the first nine months of the year continued through the final quarter”. Good news.
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MCB
MCB

McBride – “ahead of current market expectations”, but financials still currently in the wrong direction?

Albeit still massively down from above 90p less than two years ago, shares in cleaning and hygiene products private label and contract manufacturing company McBride (MCB) have recovered from below 16p hit last year to most recently close at 28.55p – and are currently further higher at 32.3p on the back of a trading update. So what’s it saying now?
EZJ
EZJ
PREMIUM CONTENT

easyJet is looking forward to more summer holidays this year. Though what to do with the shares?

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.

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RNO
RNO
PREMIUM CONTENT

Renold – a positive business momentum Buy

Manufacturer of industrial chains and related power transmission products used in a wide variety of international industries including manufacturing, transportation, energy, steel and mining, Renold (RNO) recently announced that it “now anticipates that underlying operating profit for the full year will be above current market forecasts” and that there is a “positive market outlook”. This looks far from discounted in the current share price and, as the results and following updates make the financials picture clearer, we expect the shares to spark from here.
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ALT
ALT

Altitude Group – emphasises “materially ahead of current market expectations”, but how net cash generatively so?

Promotional products marketplace group Altitude (ALT) has announced that it “anticipates that FY23 trading will be materially ahead of current market expectations” and that it has “a reassuringly strong pipeline of opportunities... look forward to updating the market further in the forthcoming months and to the next financial year with great enthusiasm”. So what of a current more than 20% higher share price response to above 40p?
PREMIUM CONTENT

Me, pseudo philosophy and why Brickability Group should give us more (despite beating brokerage hopes)

It is certainly fair to say that you do not need to be weird in order to be a weirdo, just as some people make some great investment returns without doing any research. However, a bit of regular investment research improves the odds. Sadly, it is not that effortlessly more investment work inexorably leads to better results. As I was telling a contact of mine on Friday last week who wants to manage their own pension fund, you need to also be a bit savvy and accept that you will make plenty of mistakes. However, the personal investment game is far from boring, and that’s the good news.
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NWF
NWF
PREMIUM CONTENT

NWF Group – acquisition and trading “ahead of the board's expectations” But...

Fuel, food and feed distribution group NWF (NWF) has announced “ahead of the board's expectations” trading and an acquisition it states further expands and infills the geographic coverage of its Fuels business within the UK and is expected to be immediately earnings-enhancing.
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PREMIUM CONTENT

DS Smith – interims, still a Buy

Packaging company DS Smith (SMDS) has announced results for its half-year ended 31st October 2022 and that, with also current momentum in the business, it now expects full-year performance to be ahead of expectations. Good news.
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ALT
ALT

Altitude Group – “materially ahead of current market expectations”…but what does that mean at the bottom-line?

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?

WYN
WYN
PREMIUM CONTENT

Wynnstay Group – again ahead of expectations, further outperformance to come?

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?

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AEO
AEO
PREMIUM CONTENT

Aeorema Communications – full-year update, further ahead of expectations

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.

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SWG
SWG
PREMIUM CONTENT

Shearwater – full-year trading update, ahead of expectations, don't bank gains yet!

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?

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VP
VP
PREMIUM CONTENT

Vp plc – trading “ahead of expectations”, still a recovery Buy

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.

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PREMIUM CONTENT

Macfarlane – trading ahead of expectations, Buy

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!

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PREMIUM CONTENT

Digitalbox – trading update, what to make of circa 40% share price rise?...

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?…

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BAG
BAG

A.G. Barr – ahead of expectations, what about the outlook now?...

Shares in drinks company with brands including IRN-BRURubicon 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?…

BMS
BMS

Braemar Shipping Services – ‘ahead of previous guidance’. How’s the balance sheet now?

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?…

BAG
BAG

A.G. Barr – ‘ahead of expectations’, but value?...

A trading update from IRN-BRURubiconFunkin 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?…

PREMIUM CONTENT

Rejoice! Value chasing pays off at Headlam Group

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?…

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VLX
VLX
PREMIUM CONTENT

Volex – trading & dividend ahead of expectations and further growth potential

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)…

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YOU
YOU

YouGov – “now expected to be comfortably ahead of expectations”… but what does the valuation already discount?

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 – full-year results, a value proposition looking suited to the challenging consumer environment

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”

JDG
JDG

Judges Scientific – “to exceed current market expectations as increased in September”. Sounds promising…

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…

Plus500 – argues “a good position for 2019”. How good?

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…

Tracsis – “expected to be ahead of market expectations”, but enough to suggest the shares a buy?

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?...

SND
SND

Sanderson Group – interims “slightly ahead of management's expectations”, but...

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”

BMY
BMY

Wizard Book Company Could Work More Magic with the Share Price

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).

EKT
EKT

Elektron Technology – “Trading Statement” says ‘ahead of expectations’… but what are they?

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…

FTC
FTC

Filtronic – shares sparked by ‘ahead of expectations’ trading update

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…

SAL
SAL

SpaceandPeople – shares soar on the positive guidance of a trading update

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…

LRM
LRM

Lombard Risk Management – emphasises ahead of expectations, but what about sustainable cash generation?

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…

DIS
DIS

Distil – update on recent UK Investor Show 'Dragon's Den' selection as the shares rise again

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...

RedstoneConnect – full-year trading update, where next?

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…

LGT
LGT

Lighthouse Group – ahead of expectations 2016 results, still good value?

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…

Accesso – why just 1.5% share price rise for profit “ahead of expectations”?

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”...

LoopUp – review as shares sparked by ‘ahead of expectations’ trading update

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…

DIS
DIS

Distil – update on Q3 trading statement as shares soar

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…

BJU
BJU

BrainJuicer – “above current market forecasts” trading update, but value in the shares?

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…

DIA
DIA

Dialight – now targeting “materially ahead of expectations”. But…

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…

Best of the Best – ‘ahead of expectations’ trading update, but a buy?

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”

AVS
AVS

InterQuest & Avesco – share tip of the year updates

Since previously updating on my share tips of the year last month – see HERE, both have had significant news…

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