CMC Markets Issues Afternoon Warnings on Revenues: Shares Drop 20%

By | 22nd February 2019

Financial derivatives trader CMC Markets (LON:CMCX) today issued a trading update warning that revenues of some of its products, namely spreadbets and contract for difference (CFD) trading would be lower than initially anticipated. The share price immediately fell: This comes as no surprise, as the markets hate mid-day warnings. There is no good reason for… Read More »

Titon Holdings Runs into Korean Troubles; Posts Reduced Profit Outlook

By | 14th February 2019

Ventilation systems specialist Titon Holdings (LON:TON) today produced a rather vague update which warned that profits in its South Korean operations would be materially lower than anticipated. The markets took the predictable route out, and the shares were marked down over 30%: a very costly RNS: However, this has been a rather good micro-cap stock… Read More »

Slowing Economy Hurts CML Microsystems Profits, Shares Fall 30%

By | 1st February 2019

Essex-based semi-conductor maker CML Microsystems (LON:CML) today issued a profit warning in which it guides full year revenues to be approximately 12% lower that the previous year, resulting in a ‘material’ drop in profits below market expectations. In common with many shares, the action has been weak throughout the past year and todays warning has… Read More »

FireAngel Safety Technology Warns on Profits Again as Exceptionals Bite

By | 31st January 2019

Fire alarm manufacturer FireAngel Safety Technology (LON:FA) today released another disappointing trading update as they look set to wrap up a disastrous year in which profit turned to loss, and this is before a large tranche of exceptional costs was declared today. The share price opened up much lower, but recovered a little to 16%… Read More »