From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Quartix Technologies – interims, argues full-year “believes… will moderately exceed market expectations”. Er, what about the prior expectations though?!

By Steve Moore | Monday 29 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.


Describing itself as “a leading supplier of subscription-based vehicle tracking systems, analytical software and services”, Quartix Technologies (QTX) states that it “is pleased to announce its unaudited results for the half year ended 30 June 2024” and emphasises that it “is confident in the outlook for the remainder of the year and now believes that both revenue and profit will moderately exceed market expectations. The company looks forward to 2025 and the future with confidence”. So what about that in relation to a current more than 16% higher share price response to 186p?
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

Tom

Photo Article from Sharestock: tea

Wednesday »

Bearcast

Tom Winnifrith Bearcast: red flags and bubbles

 

SDI

SDI Group – again a Buy?

 

Tom

Feeling Thirsty Evil Banksta?

Time left: 15:21:51