Looks like usual pull back after a fairly positive rise in sp. Expecting this to pick up again on any further news and closer we get to annual results which should come out next month. Looks to be a good time to be loading up.
Hi, any thoughts from anyone as to why this is gradually dropping? I had thought with predicted profits for the last half year being in excess of what they had forecasted & such positivity with overseas business, the company's share price would be moving slowly upwards & not down?
to top on before results. Still read the last RNS in Nov, so very lucky to build a postion at these prices
CPPGroup Plc ("CPP" or "the Group"), the international assistance business, today provides an update on trading in the period since the Group's interim results announcement published on 18 August 2016 (the "Interim Results").
A combination of continued focus on cost control across the Group, increased sales volumes in our Indian business, and the impact of a weaker sterling on the results of our European operations, has resulted in the Board now anticipating underlying operating profit1 for the full year ended 31 December 2016 to be materially ahead of the expectations detailed in the Interim Results.
Additionally, further to the Group's announcement on 14 September 2016, regarding the decision to develop an IT platform on its existing systems, CPP continues to negotiate an agreement with SSP Limited and will provide an update on the final outcome in due course.
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