2 April 2025 - share tip
We tipped shares in this manufacturer and supplier of power and data transmission products (cables and power cords) back in January at 261.5p. Although the shares subsequently moved up to 294p, the recent fall in the share price has created a useful buying opportunity in our view. The trading statement later in January revealed that trading was in line with expectations and adjusted pre-tax profits in the year to 31 March are therefore expected to be around $79m for earnings per share of 34.2 cents. This equates to around 26.4p and . . .
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