By Steve Moore | Tuesday 28 January 2025
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 building materials distributor Lords Group Trading (LORD), in September with its shares down towards 36p I concluded that its interims suggested full-year adjusted EBITDA of £23.8 million looked challenging and that I remained caution on the shares. What of now a “FY24 Trading Update”, and the shares currently further down in response to below 30p?
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