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Tekmar – trading update, my previously stated concerns valid?...

By Steve Moore | Thursday 21 October 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 Tekmar Group (TGP), which describes itself as “a leading provider of technology and services for the global offshore energy markets”in December with the shares towards 80p I argued a number of things particularly concerned and saw me avoid. The shares last closed at 48.25p and are currently heading towards 40p on the back of a “trading update”

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