Alfa Financial Software – two and a half months since half-year end cares to update & surprise, surprise…
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…
An 07:41am “Trading update” from floor coverings company Airea (AIEA). Hmmm – a difficult sector currently and a rushed ‘update’?...
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