20 September 2024 - trading update
The company has issued a statement this morning confirming that the sale of the Precision Machined Components division is now very close. We feel that this is very significant and that when it is announced there should be a spike in the share price. The company has also revealed that trading has been slightly worse than previously expected due to project delays and a defence order being received later than originally expected. We feel that the disposal is more significant than this and the shares remain a BUY
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