Christie (#CTG) – H1 swing to loss, DPS 0.5p, “anticipate an improvement in transactional volumes by the end of Q3 and into Q4”

Christie – ‘not indications of lacks of intent to proceed with instructed transactions’, or is there?...

A few months ago Professional & Financial Services and Stock/Inventory Systems & Services group Christie (CTG) stated “deal congestion and other factors” meant that it believed its full-year performance would be further second-half weighted but that its “expectations of trading for the full year to 31st December 2023 remain unchanged”. What then of today a “trading update”?

Christie (#CTG) – deal delays, “now expects full year performance to be materially below previous expectations”

Christie (#CTG) – business transactional times “elongated”, notes revenue to be second-half weighted

Christie (#CTG) – continuing recovery, “expect further progress once our remaining hospitality markets fully re-open”

Christie Group – shares rising on trading update, but recovery value?...

A “Post close trading update” from professional business services group Christie (CTG) and the shares currently, at 95.5p, approaching 10% higher in response. Is there recovery value?...

Christie (#CTG) – “approximately 50% of our expected revenue was lost from our first half”, “it is early days, but we are on track with rebuilding”

Christie (#CTG) – trading & financial update, “do not anticipate being profitable this year”

Christie Group – 2:25pm (and thus clearly unscheduled) “Trading Update”. Hmmm…

A 2:25pm - and thus clearly unscheduled - “Trading Update” from professional business services and stock & inventory systems & services group Christie (CTG). Hmmm, not usually good news…

Christie Group – expects “a significant improvement” in results, why the muted share price response?

Leisure, retail and care sector professional business services group Christie (CTG) has updated including “second half trading has been stronger than the first-half, and the 2017 full year results are expected to represent a significant improvement on the previous year”. However, I note a current just over 100p share price compares to more than 150p in early 2016. Hmmm…

Christie Group (#CTG) – H2 trading “consistent with the board's expectations”, stronger than the first-half

Christie Group – hopefully my warning was heeded, as it’s now profit warning ahoy!

On a 15th June AGM statement from provider of professional business services and stock & inventory systems and services, Christie Group (CTG) I concluded that “there looks significantly elevated risk here. As such, at this juncture this looks one to avoid. Sell.” Hopefully this was heeded as a “Trading Statement” announcement today includes that “operating profit for the year ending 31 December 2016 is likely to be lower than previously expected”...

Christie Group – AGM statement, relying on second half year recovery. Hmmm…

Shares in provider of professional business services and stock & inventory systems and services, Christie Group (CTG) are currently trading lower on the back of an “AGM Statement” announcement. Let’s take a look…