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UP GLOBAL SOURCING HOLDINGS PLC ORDS 0.25P
LSE
UPGS
So much for the 'cup and handle' scenario as #UPGS is not yet managing to break higher and has retraced a little. Never mind, I still have some headroom above the 82p entry price and can afford to wait to see if buyers start to show interest. You can't win them all and I could be proved wrong, but I still think this has the potential to surprise a lot of people...
It was pleasing to note that #UPGS confirmed its strong trading performance today and toned down the flat outlook that had been a feature of its previous update, which caused the severe price drop (maybe the influence of new experienced board members). Interestingly there may be a cup and handle forming as a result of recent interest, which could help boost the...
It seems like ages ago, but was in fact only 11th September that #UPGS gave an update on its trading performance. There were lots of good points in the update (revenue +39% EBITDA and PBT ahead of market expectations, growth in Germany etc, etc) but headwinds suggested 2018 revenue would be flat. The share price tanked. Results are due 7th November. I don't think...
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