By Steve Moore | Tuesday 22 September 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.
In April I stated previously writing on B2B information services provider Euromoney Institutional Investor (ERM) I noted, with the shares further down from more than 1300p in January towards 900p, there also clear further deterioration potential in the events schedule for its financial year and in the financial position… The shares did fall towards 700p last month, though had recovered to last close at 875p. They’re though currently down below 850p on the latest, though still capitalising the company at more than £925 million – and with still further sales deterioration potential, I currently continue to avoid. Today “Trading Statement”…
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