Having been heading towards 85p at the start of June, shares in “manufacturer of low maintenance building products, supplying businesses in the Repair, Maintenance and Improvement, new build and social housing sectors” Epwin Group (EPWN) closed yesterday at 72.7p. Today a half-year trading update including “the board anticipates adjusted profit before tax for both H1 and the full year to be in line with market expectations” and “we have made significant strategic progress with new product launches, the continued reshaping of the group's footprint and the acquisition of PVS” – though the shares further lower towards 70p. Hmmm…
Epwin Group (EPWN) has announced results for the first half of 2017 emphasising as a first highlight “sound performance in challenging market conditions”. The shares have responded, er, currently approaching 4% lower to circa 70p…
From the same stable as Entu (DISGRACEFUL: having only IPO’d on AIM in October 2014, now “all of the proposals received attribute little value to the equity”), a “Half Year Trading Update and Notice of Results” announcement from Epwin Group (EPWN)…
In the case of Epwin Group it looks as though we can point to a robust near-term situation given the way that the stock is trading in the aftermath of a bear trap rebound.
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