Hurricane Energy looks to offer a long-term investing opportunity, and without the risks that existing holders have had to take!
Writing on B2B media group Bonhill (BONH) in July I concluded, with the shares then around 65p, with a still more than £30 million market cap, the noted risks to expectations (a £4 million+ full-year profit has been anticipated) see me avoid. The shares closed yesterday at 53.5p and now a “Trading Update”…
Bonhill (BONH), the “B2B media business specialising in three key areas: Business Information, Live Events and Data & Insight”, has updated including “it has been another period of improvement in the overall quality of our people, business activities and geographic reach… anticipates that results for the year ending 31 December 2019 will be in line with market expectations”. The shares have responded, er, at around 65p, currently approaching 10% lower!...
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