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

Tricorn – interims, I right to have been wary of debt & seemingly swiftly deteriorated market conditions?

By Steve Moore | Wednesday 4 December 2019


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.


In October I noted a “Trading Update” from pipe and tubing assemblies company Tricorn (TCN) – and the shares currently at 12p, down more than 33% on the day, concluding there looks potential value here but also risk – with the debt and seemingly swiftly deteriorated market conditions. As such, on the watchlist but one I currently avoid. Now results for its half-year ended 30th September 2019 – and the shares currently further lower, towards 10p…

You must be a registered member to read this story
ShareProphets is reader-supported journalism

Join us for free and gain access to three articles per month

Or 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

 

CTAI

Catenai – monster dilution

Time left: 11:15:55