23 March 2017 – trading update
The electronic components group has issued a disappointing trading statement as it approaches its year end of 31 March as a number of high margin projects have been delayed into the next financial year. Although the projects have been delayed and not cancelled, the results for the current financial year are likely to show lower profits than previously expected and the share price has fallen as a result. We sold our holding out of the Aggressive Growth Portfolio in the last issue and suggest any readers who still hold the shares take their profits and SELL.