Locksmiths and fire & security products group Croma Security Solutions (CSSG) has issued a trading statement stating that it expects to report full-year results in line with market expectations as it continues to expand its store presence and benefit from resulting growing economies of scale. What does this suggest in terms of upside from a 75p offer price for the shares?
Croma Security Solutions (CSSG) has announced results for its half-year ended 31st December 2023 and argues that it is “well-placed to deliver year-on-year growth despite continuing difficult macro conditions”. The shares of this 70p offer price December tip have responded up to now 73p to buy, but we suggest there is further upside from the £10 million market capitalisation.
Croma Security Solutions (CSSG) has issued what it describes as a “positive update on trading for the six months to 31 December 2023, as well as a three year NHS Trust contract renewal”. How positive is the news with the shares at around 69p to buy?
Shares in Croma Security Solutions Group (CSSG) rose to above a 70p offer price following last month-announced results for its year ended 30th June 2023. The shares have now settled down to a 70p offer price and, with that equating to a £9.6 million market cap, there looks significant further upside potential ahead.









