By Steve Moore | Wednesday 12 February 2020
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.
Previously writing on Scapa Group (SCPA), in June I concluded the shares were already down from approaching 400p following the results – and are currently down a further more than 40%, below 170p on this latest. I note the stock has been a feature of our weekly Table of shorted AIM shares, though I suggest there may now be some value from here. However, the uncertainty seemingly everywhere with this company currently, sees it, for now, only on my watchlist. The shares last closed at 272p… but are currently back below 200p…
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