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Titon – “Trading Update and Board Change”, a lack of profits warning again!

By Steve Moore | Thursday 11 July 2024


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 “Trading Update and Board Change” announcement from Titon Holdings (TON) includes for its ventilation systems “order book… has increased by 18% since the start of the calendar year” and that the company is overall “making good progress on our strategic plan”. So what of a current 12.5% lower share price response to 70p?
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