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Anite plc - trading update, a recovery buy?

By Steve Moore | Wednesday 19 February 2014


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.


Software solutions provider to the international wireless and leisure travel industries, Anite plc (AIE) has updated that trading in its third quarter (to end January) “has overall been in line with expectations” and that “we continue to expect that second half trading will improve on the first half”. With the shares having nudged ahead to 86.5p, after a profit warning in October which saw them plunge from more than 110p, is a recovery now in progress here?



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