From £7.99 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 £7.99 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

Strix – “Trading Update” = Profit Warning (natch!) and has there really been “significant progress” on the balance sheet?…

By Steve Moore | Wednesday 27 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.


Strix Group (KETL) has issued a “trading update” including that for kettle controls it “has maintained its dominant market position with stable market share” and that the launch of a new low-cost control has been well received as well as that “Billi (filtration systems) is performing well with a positive increase in sales in Europe following successful progress on the division's geographical roll-out strategy”. So what of a share price, already down from above 80p in September, currently further down towards 55p?
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

Friday »

Bearcast

Tom Winnifrith Bearcast: dash for trash

 

VCP

Victoria - The roll up unravels

 

HEMO

Hemogenyx is a short – target 0p

 

ECR

ECR, the timing is unfortunate

 

APH

Alliance Pharma – a recovery Buy?

 

PICH

Pitch Pit – this stinks

Time left: 14:56:18