By Steve Moore | Thursday 13 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 technical fluid power products company Flowtech Fluidpower (FLO), I noted indeed it wasn’t set for “another year of solid progress”! on a trading update for the year to 31st December 2019 as the shares fell towards 100p. They have fallen further since but are currently recovering above 100p on a “2019 Trading update & restructuring activities”. Hmmm – haven’t we already had this?...
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