Keyword results: price increases

Accrol – hopefully prior warnings here were heeded as now a further profit warning and a “strategic review”

Previously writing on “the UK’s leading independent tissue converter” Accrol (ACRL) in October with the shares falling below 40p, I concluded that the group argues the latest are “short-term external challenges”, but also raw material supply chains “further tightening in recent weeks”. As such, hopefully the prior warning was heeded and the stance remains avoid. Today a further trading update and the shares… further down to 25p. So what’s the latest?…

FA
FA

FireAngel Safety Technology – “remains on target to meet market expectations”, But...

Home safety products group FireAngel (FA.) has made an update commencing that “it remains on target to meet market expectations” and including that “recently, the company notes that it has seen a slight improvement in component availability which is encouraging for 1H 2022”. So what of a share price, at 13.5p, which remains depressed even compared to earlier this year?…

RBN
RBN

Robinson – profit warning, the forecasts were challenging indeed!

Previously writing on manufacturer of plastic and paperboard packaging Robinson (RBN), in August with the shares at 112.5p I concluded the forecasts looked challenging and continue to avoid. So what of a trading statement today?…

DIA
DIA

Dialight – “expectations for the year remain unchanged”. Do they?...

Previously writing on the company which describes itself as “the global leader in LED lighting for heavy industrial applications” Dialight (DIA), in August with the shares up to 332p I concluded I’ll continue to monitor the company’s recovery potential but, with also continuing “impact of component shortages, extended lead times and logistical challenges”, I continued to avoid. Today a trading statement which commences “The group has traded well in the period, quoting activity has significantly increased with a greater number of capex projects. Order intake year to date was up 34%, driven by a strong performance in the Lighting segment”, so why are the shares currently slightly further lower to 325p?…

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Stop watching constant COP26 and start looking more at Ibstock

I have written positively a number of times about Ibstock (IBST) – a ‘leading UK manufacturer of clay bricks and a diversified range of clay and concrete products’ - most recently in August. Back then I hoped for a 250p+ share price and that still made me a strong holder, but the share has moved down since to (today) just over 200p. An opportunity or a problem?

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MCB
MCB

McBride – further inflation ahead of expectations… with those expectations only announced last month!

Previously writing on cleaning and hygiene products private label and contract manufacturer McBride (MCB), in August with the shares falling below 80p I wrote price increases “challenges” & more. Hopefully our warnings were heeded, concluding there now seems set to be a first half loss and, with the previously noted clear challenges being added to, I question how much confidence there can really be in the suggested second half recovery. Hopefully prior warnings here were heeded and at this juncture still avoid / sell. The shares last closed at 69.4p and are now further lower on the back of an AGM Trading Update”…

MCB
MCB

McBride – price increases “challenges” & more. Hopefully our warnings were heeded...

Previously writing on cleaning and hygiene products private label and contract manufacturer McBride (MCB), last month with the shares around 90p I concluded it “continues to discuss margin recovery actions with our customers”. With these major retailers and brand owners, good luck with that! I look forward to more detail with 7th September-scheduled results for the company’s year ended 30th June 2021, but the noted clear challenges see me presently continue to avoid. Today a further “trading update”…

TCN
TCN

Tricorn – “there may be a requirement to operate beyond its existing facilities”. Uh oh...

Previously writing on manufacturer and specialist manipulator of pipe and tubing assemblies Tricorn Group (TCN), last week I reiterated my view from the end of last month with the shares slumping from 8.25p that how expensive the funding options I wonder? Natch, still currently bargepole. Today a “Company and Formal Sale Process Update”-titled announcement, and the shares currently further lower to below 4p!…

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Headlam - quiet day shocker as I talk about a small cap

With a relative dearth of larger cap news out today I turn my attention to Headlam (HEAD), which is apparently 'Europe's largest distributor of floorcoverings, providing the distribution link between suppliers and customers across the UK and Continental Europe'.

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Accrol – bailout fundraising… at half of IPO price of only 17 months ago!

With it shares having been suspended in early October “pending clarification of its financial circumstances”, today a “Proposed Placing of £18m and Lifting of Suspension” announcement from Accrol Group (ACRL). Good news then? Well…

Accrol – another recent AIM IPO disgrace; profit warning, previously undisclosed Health & Safety fine, shares suspended

Having only been “pleased to announce” it had IPO’d on AIM in June last year, today brings a “Trading Update and Temporary Suspension of Trading” announcement from tissue group Accrol (ACRL). Hmmm…

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