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Tracsis – argues “strong”, and anticipates further, recovery. Why are the shares lower?...

By Steve Moore | Wednesday 25 August 2021


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.


Tracsis (TRCS) states that it is “pleased to provide” a trading update for its year ended 31st July 2021, and it includes “a strong end of year recovery” and “anticipate further recovery in activity levels through Q1 of FY 21/22, supported by the recently announced Government-backed insurance scheme for the live events sector”. So why are the shares currently slightly lower in response, at 1020p?…

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