Good Morning,Today, I intend to cover:Tracsis (LON:TRCS)Animalcare (LON:ANCR)Hargreaves Services (LON:HSP)Qinetiq (LON:QQ.)Koovs (LON:KOOV)Cheers,GrahamTracsis (LON:TRCS)Share price: 402.5p (-13%)
No. shares: 27.8mMarket cap: £112mTrading UpdateThis is a profit warning that’s not a profit warning – an announcement that there might be a profit miss, depending on H2, after a tricky H1.But the market’s reaction tells us that plenty of investors think that the risk of a H2 miss is now pretty big!Overview:Group revenues for the six months to 31 January 2017 were c. £15.5m
(2016: £13.1m*), and EBITDA is expected to be slightly ahead of the
previous period (2016: £3.2m*) as is Adjusted Pre Tax Profit (2016:
£2.9m*).Rail Tech amp; ServicesThe key warning is as follows:Due to longer sales cycles associated with higher value products
combined with changes in the Department for Transport’s franchise bid
timetable, some sales anticipated to take place…
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.
