Posts in LSE:TRI

2 secret stocks expected to deliver super earnings growth

Spirent Communications (LSE:SPT) has seen its share value go gangbusters on Thursday following the release of brilliant full-year financial details.

The stock was last up 10% on the day and dealing at levels not seen since last July. I reckon there is plenty left in the tank too, for further share price advances.

1 stunning growth stock I’d buy alongside Purplebricks Group plc

Industrial fastenings manufacturer Trifast (LSE:TRI) has enjoyed a fabulous five years, its share price leaping 325% over that time. Momentum has slowed in recent months, but it is still up almost 14% over the past year. The stock has climbed another 2.44% today at time of writing following publication this morning of its unaudited Q3 trading update. Investors look happy with what they have read.

FTSE boosted by US and Asia gains

The FTSE 100 gained 0.5% to 7,248.57 on Thursday morning following advances made on markets in Asia and the US overnight.

Oxford BioMedica (OXB) was top of the leader board, gaining 9% to 11.7p after it announced a major collaboration and licence agreement with Bioveratic for the development and manufacturing of lentiviral vectors to treat haemophilia.

Trifast on track

Trifast, which produces industrial fastenings to major global assembly industries, said it is confident that it will deliver its expectations for the year ending 31 March 2018.

The company said its balance sheet remains strong and its US operation continues to recover following the impact of Hurricane Harvey.

"The consistent levels of progress over recent years, coupled with our future growth and significant investment plans future proof the business and ensure TR can meet the demands of its multinational OEM customers therein turn, building long term shareholder value," it said.


Broker Forecast - Berenberg issues a broker note on Trifast PLC

Berenberg today initiates coverage of Trifast PLC (LON:TRI) with a buy investment rating and price target of 275p.

One dirt-cheap growth stock I’d buy today and one I’d avoid

McColl's Retail Group (LSE:MCLS) has found itself on the back foot on Monday following the release of full-year trading numbers.It was last 7% lower on the day.

At face value, the latest update from McColl's could be viewed as pretty impressive. The convenience store colossus saw total annual revenues burst through the £1bn milestone for the first time, it advised today (these jumped 19.1% during the 12 months to November 2017).

The revenues surge was thanks in no small part to the 298 outlets McColl's snapped up from The Co-Operative Group in the summer.

Trifast: Strong Progress As Investment Continues

A strong set of interim results has led us to upgrade our EPS forecasts for FY18 by 5.0% and FY19 by 2.5%. Other than a weather-related hiccup in the smaller US activity, there was good like-for-like progress in Europe, Asia and the UK. Input cost pressures at the gross profit level were mitigated by strong overhead control. Investment for growth continues across all regions and the strong balance sheet should facilitate M&A as appropriate opportunities arise with management taking a more proactive approach in target identification. Trifast’s shares have been very strong in the run-up to the results and are rated more appropriately, in our view, with the P/E discount to peers substantially diminished.
Edison Investment Research
Trifast plc

Broker Forecast - Peel Hunt issues a broker note on Trifast PLC

Peel Hunt today reaffirms its buy investment rating on Trifast PLC (LON:TRI) and raised its price target to 275p (from 265p).

Broker Forecast - N+1 Singer issues a broker note on Trifast PLC

N+1 Singer today downgrades its investment rating on Trifast PLC (LON:TRI) to hold (from buy).

Trifast - CEO and team discuss half year results and technology


CEO Mark Belton on strategy and performance joined by Chris Black discussing the opportunities in the automotive sector, and Keith Gibb on the advantages of 3D technical engineering to TR and it’s customers.