UK 03:50 Saturday, 7 November 2026
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Ahead of 19th March-scheduled results for the 2013 calendar year industrial services provider to major plant operators and engineering and construction companies internationally, Cape plc (CIU) has announced a refinancing which “provides the group with greater covenant flexibility and will terminate in April 2018”. With the company emphasising that its “new facilities strengthen our financial position and provide us with the balance sheet to grow our business both organically and potentially acquisitively”, so what does that mean?.
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