By Steve Moore | Tuesday 12 November 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.
Most recently writing on UK media production facilities and services company Facilities by ADF (ADF), in September with the shares down towards 53.5p I questioned it arguing “resilient performance” and concluded that I remained wary of the pace with which the forecasts look to require significant market conditions recovery to happen. The shares most recently closed at 52.2p and what of now a “Trading Update”?
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