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.
A late January trading update from Touchstar (TST) included “revenue and profits in line, net cash generation and EBITDA ahead of expectations… the buoyant level of the current order book and trading momentum underpin the prospects for 2023” and that it expects to report results in “late April”. Ahead of those, we suggest there looks strong value in the shares from an 85p offer price.
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