Checkit plc – argues “significant opportunities”, but how many are already in the price?...
By Steve Moore | Thursday 17 February 2022
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.
Provider of business technology jargon(oops) an “intelligent operations platform for the deskless worker”, Checkit plc (CKT) has announced a trading update including “the group delivered bookings growth of 95%… Cash at 31 January 2022 was £24.2m (31 January 2021: £11.5m)… The board remains confident in the significant opportunities presented by the growing deskless worker industry”. So what of a share price of 46p, down from 66p reached last year?…
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