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.
An initial review by the new management of specialist foundry and engineering company Chamberlin plc (CMH) has led them to anticipate that the company will now report a pre-tax loss for its year to 31st March 2014. House broker, Charles Stanley, has noted “this is a material reduction in expected performance and we now consider it prudent to assume also that the dividend will be passed”
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