Writing a year ago on UK bowling and ‘family entertainment’ centres group Ten Entertainment (TEG) I concluded with the shares at 248p whilst the demand situation normalises, currently on the watchlist. So what about now, following a trading update for its half year ended 26th June 2022?
Previously writing on ActiveOps (AOM), in March with the shares down to 97.5p I concluded that with the valuation still a significant premium on tangible metrics I’d still currently avoid. With the shares having last closed at 74p and the self-described “leading provider of Management Process Automation software” now “pleased to announce its unaudited results for the financial year ended 31 March 2022”, what’s the outlook from here?
Previously writing on search, merchandising, and product & content technology group Attraqt (ATQT), in April with the shares at 30.5p I questioned whether it was well positioned to deliver on its growth strategy and concluded to avoid. The shares last closed at 25p... and now what of a trading update today?
Previously writing on ‘smart’ buildings and commercial spaces software company SmartSpace (SMRT), in February with the shares up to 73.5p I concluded that with the financial uncertainty and the valuation I continued to avoid. What now, following a trading update and the shares up in response, though currently 58p?
Previously writing on omni-channel fashion company specialising in ‘occasion and dressy casual’ womenswear Quiz plc (QUIZ), in January with the shares up to 16.65p I concluded that the noted financials saw me remain cautious of a still more than £20 million market cap here. So what of now stated “very encouraging FY 2022 performance with very strong revenue growth and a return to profitability”, and the shares currently at 10.25p?
In May I noted on ‘fast-moving consumer products’ company Supreme plc (SUP) that it stated that it “continues to trade well and looks forward to updating the market further at the announcement of its year end results in July”, but that I noted clear challenges and, at a 135p share price, I continued to avoid. Today that results announcement.
Having asked for readers tips for 2022 for the prize of 1/2 litre of Tom Winnifrith's Greek Hovel olive oil (2022 harvest) HERE, the following is the (just after) six months update on performance (to be eligible needed to have selected, on a once per username basis, a buy & sell pick from the LSE, AIM casino or Aquis lobster pot and the stocks not to have been suspended at the commencement of 2022).
Previously writing on geospatial software group IQGeo (IQG), approaching a year ago with the shares at 122p I concluded the valuation looked challenging. The group has today though announced “Global top 5 telecom operator selects IQGeo” and what of the shares sparking higher towards 140p?
Strip Tinning (STG) “is pleased to announce it has secured a significant new 5 year nomination with BMW for its Glazing division, underlining Strip Tinning's position as a leading supplier of specialist connectors to the Glazing sector for all classes of automotive vehicles manufactured worldwide”. With the shares currently responding more than 6% higher to 105p, just how “significant” is the new nomination?
Online marketing and operating company for the gaming industry B90 Holdings (B90) “is pleased to announce the appointment of Arden Partners plc as its Corporate Broker with immediate effect”. That includes with the shares down from above 10p early this year to a current 4.5p and follows results announced last week.
