UK 07:14 Wednesday, 30 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
On 16 May 2023 serving up (piss poor) 2022 results recruitment minnow Parity (PTY) made bold claims. Bollocks claims as it now turns out. It stated:
Previously writing on “data and technology-focussed recruitment and professional services” group Parity (PTY), last year with the shares up to 8.75p I noted it emphasising “having successfully rebuilt the core recruitment business platform within Parity, we are beginning to see this capability make a positive impact on the performance of the business” but I was cautious on the financial situation. The shares most recently closed at 4.5p and now an “AGM Statement”.
Data and technology-focused recruitment and professional services group Parity (PTY) has issued a trading update emphasising “having successfully rebuilt the core recruitment business platform within Parity, we are beginning to see this capability make a positive impact on the performance of the business”. So what’s the financial detail and what of a current more than 6% higher share price response to 8.75p?
A “Trading Update” announcement from Parity Group (PTY) at an intra-day 10:40am. Such is rarely good news and so what about the latest from this self-styled “data and technology-focussed professional services company”?...
A “Trading Statement” from “technology focussed consultancy and staffing business”, Parity Group (PTY) – and the shares currently slightly ahead, closer to 7p. Good news then? Well, they were close to 10p at the start of November and more than 15p in the summer…
In July consultancy services and staffing group Parity (PTY) was emphasising “an encouraging sales pipeline from both existing and new customers, gives us confidence”, in September it was “we are experiencing a short-term client-side delay on one large contract… Without any further delays, we expect a stronger second half, in line with the group's traditional seasonality, and to deliver on current expectations for the year as a whole”. Today a further “Trading Update”…
There can be said to be reason to celebrate as far as the Parity shares are concerned on a technical basis. This is largely on the basis that the stock has recovered its 200 day moving average at 9.27p on a weekly close for the first time in nearly two years.
