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Grafenia – hopefully my previous calls on this heeded; it’s another profit warning

By Steve Moore | Wednesday 24 February 2016


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


“Trading Update” announcement from Grafenia plc (GRA) commences “Post the last market update, trading has been more challenging in the company's domestic channels. Our markets have never been more competitive, with established players, aggressive pricing from new European entrants and domestic commercial printers diversifying into the trade print sector”. Uh oh…


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