Good morning, it’s Paul here, with Friday’s SCVR.I’ll start early, with some catch up sections from yesterday.Trifast (LON:TRI)Share price: 122p (flat on the day)No. shares: 122.6mMarket cap: £149.6mTrading updateTrifast (Main market LSE Symbol: TRI) issues the following unaudited Trading Update covering the Group’s financial year ended 31 March 2020 ahead of the announcement of its preliminary financial results. “Holding the world together” – International specialist in the design, engineering, manufacture, and distribution of high quality industrial and Category ‘C’ fastenings principally to major global assembly industriesTRI issued a mild profit warning, which I covered here on 14 Feb 2020. Re-reading my notes from then, it’s interesting to see that the Covid-19 worry at that time was about China supply chains. That was before the pandemic had happened globally. I didn’t see any reason to get involved then. The share price has since dropped another 27%, as you would expect given the far worse macro picture currently.FY 03/2020 turned out OK, although bear in mind that forecasts had been lowered several times (see graph below). Hence broadly in line isn’t good, but Covid-19 would presumably have started to have some impact…
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