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21st Century Technology – 2017 results argue “enormous progress”… so why are the shares unmoved?

By Steve Moore | Thursday 29 March 2018

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.

Transport technology company 21st Century (C21) has announced results for the 2017 calendar year, emphasising “enormous progress” and “having started the year with a far stronger order book than last year... the board expects the group's progress to continue”. The shares have though responded little changed, still sub 3p - and having been 2.625p at the commencement of 2017. Hmmm…

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