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Airea – interims, argues “well placed to moderate… risks and take advantage of growth opportunities as they arise”. Hmmm…

By Steve Moore | Friday 2 August 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.


Towards the end of June I concluded on commercial floor coverings company Airea (AIEA), 55p, capitalising the company at circa £23 million… suggests potential value… but the apparent pace of the current decline concerns. Half year results are scheduled for 2nd August but, ahead of any more insight there, currently I’d sell / avoid. We now have the results – and the shares are currently down towards 40p in response…

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