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.
Our tip of the month last month at a 70p offer price, rock drilling tools and associated products group Mincon (MCON) has issued a “trading update” concluding that it “now expects that full year 2026 revenue and EBITDA will be ahead of market expectations”. How good is the news in the context of the valuation at a now up to 85p share price?
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