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Aggregated Micro Power – emphasises “re-affirms its previous guidance”… but it can’t re-affirm what it’s previously reported!

By Steve Moore | Thursday 12 September 2019


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.


“Aggregated Micro Power Holdings plc (AIM: AMPH), trading as AMP Clean Energy, the specialist provider of distributed heat, power and renewable fuels… re-affirms its previous guidance made on 11 April 2019 in respect of the annual results to 31 March 2019; it is expected to show revenues and income of £50m and an EBITDA loss in the region of £1.3m”. Hmmm, at a prior 73.5p closing share price, the market cap is above £46.5 million – and why an update just re-affirming already post-close guidance?...

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