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

Safestyle UK – from “confident” of “broadly in line” to “prudent to expect… profits for the year being lower than previously anticipated” in 2 months

By Steve Moore | Tuesday 18 July 2017


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.


Safestyle UK (SFE) is a former successful share tip – on which the stance became bank gains and sell earlier this year at around 300p at a time the company noted “macroeconomic factors have introduced an element of uncertainty into the general outlook for RMI demand”, though that “our proposition is resilient”. The following updates with the shares currently circa 12.5% lower on the day, at around 225p, on the back of a “Half Year Trading Update” announcement…


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

 

CTAI

Catenai – monster dilution

Time left: 09:35:40