Previously writing on landscape, building and roofing products manufacturer and supplier Marshalls (MSLH), in March with the shares slightly further falling from close to 300p I warned suggesting underlying earnings heading lower this year and the macroeconomic outlook concerning for assumed progressive improvement in the end markets. So what of today a trading statement… and the shares currently lower towards 270p?
Hello, Share Mashers. António Horta-Osório, Chief Executive of Lloyds Banking Group (LLOY), is standing down, saying he views the bank with pride. Though he’s presided over a big fall in share price during his reign. Never mind, he’s been a good head honcho and nobody saw the pandemic coming. And the latest trading statement is encouraging, with the share price rising 5% on it, a rare jump for a Footsie giant.
I previously wrote on The City Pub Group (CPC) in January with the shares at 197.5p, noting from the company “the Rugby World Cup did not have the impact that we expected. Political uncertainty culminating in the December Election… unhelpful weather during November and December… disruptions on South West trains… Following some delay… we also completed the refurbishments of the two former Jam Tree sites” and concluding I’d wait to see trading further playing out before being comfortable – the market cap still not far off £120 million. Tom also warned in Bearcast just yesterday – and today a “COVID-19 update”, and the shares down to 55.5p…
Shares in Dillistone Group (DSG) are currently down noticeably today – towards 40p. Earlier in the week they were rising towards 60p – but then yesterday an intra-day (3:30pm) “Trading Statement, Update & Notice of Results”…
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