Trifast – argues half-year “resilient”, but what about the second-half weighting amidst admitted macro “elevated uncertainty”?
By Steve Moore | Tuesday 24 October 2023
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.
Industrial fastenings and components company Trifast (TRI) has issued a trading update commencing that “trading has been resilient in what has been a challenging macro-economic and geopolitical environment”. So what of a share price down from around 90p reached this summer to a current 74p?
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