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Midwich – ‘in line and look forward with confidence’, but what does that mean financially?...

By Steve Moore | Monday 9 May 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.


AV distributor to trade Midwich Group (MIDW) has made an AGM statement including that “trading in the first four months of the current year has been in line with the board's expectations and we look forward with confidence”. What of a share price currently slightly higher in response at 582p and therefore a £517.3 million market cap?...

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