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Strip Tinning – director share purchase doesn’t inspire recovery confidence...

By Steve Moore | Friday 20 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.


Previously writing on supplier of specialist connectors to the automotive sector Strip Tinning Holdings (STG), earlier this week I noted the shares down to 115p from a 185p AIM IPO little over three months earlier after a trading warning, though the company stating “great care is being taken to ensure that overheads are reduced where appropriate in line with lower than budgeted sales… in addition, the company is currently putting through a number of price rises across its product range”. And now a director share purchase. Good news?...

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