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TP Group – argues “a resilient performance”, why are the shares slumping?...

By Steve Moore | Tuesday 15 June 2021


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 Defence, Aerospace & Energy technology and services group TP (TPG), on October-announced interims with the shares just above 6p I concluded I’ll monitor the company’s development and its cash generation going forward, but at this valuation juncture only at best on the watchlist. The shares previously closed at 5.65p and are currently further lower on the back of full-year results. So what’s happening now?…

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