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Do not give MMS your shares on the cheap. Many paid over 35 last time RNs dropped. More news to come too. MMS will try and take this down.

Connect Group: Berenberg reiterates buy with a target price of 27.0p.

Hopefully should see this moving tomorrow morning.

CNCT Professional News
IN BRIEF: Connect's Full-Year Earnings To Be Above Previous Guidance
Thu, 1st Oct 2020 18:33
Connect Group PLC - Swindon-based newspaper & magazine wholesale distributor - Says trading in Smiths News over the last quarter of the 2020 financial year has been stronger than expected. Trading earnings before interest, taxes, depreciation, and amortisation for the fourth quarter ended August 29 was GBP10 million, with "strong" cash generation. As a result, expects to deliver adjusted Ebitda of GBP38.5 million to GBP39.0 million for full-year, above the top-end of guidance announced in July.

"The run rate performance in adjusted Ebitda in the fourth quarter has continued in September trading, in line with the board's expectations for the year," says Connect.

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CNCT Professional News
IN BRIEF: Connect's Full-Year Earnings To Be Above Previous Guidance
Thu, 1st Oct 2020 18:33
Connect Group PLC - Swindon-based newspaper & magazine wholesale distributor - Says trading in Smiths News over the last quarter of the 2020 financial year has been stronger than expected. Trading earnings before interest, taxes, depreciation, and amortisation for the fourth quarter ended August 29 was GBP10 million, with "strong" cash generation. As a result, expects to deliver adjusted Ebitda of GBP38.5 million to GBP39.0 million for full-year, above the top-end of guidance announced in July.

"The run rate performance in adjusted Ebitda in the fourth quarter has continued in September trading, in line with the board's expectations for the year," says Connect.

Thursday broker round-up
Thu, 1st Oct 2020

Connect Group: Berenberg reiterates buy with a target price of 27.0p.

More buys then sells and MMS taking this down.

70000 buy just printed

https://www.sharecast.com/equity/Connect_Group/broker-views.

27p to 40p

Excellent £10 mill trading.
In the fourth quarter ending 29 August 2020, trading EBITDA was £10m with strong cash generation. As a result, the Group expects to deliver Adjusted EBITDA (pre-IFRS16 lease adjustment) for FY2020 of £38.5m to £39.0m, above the top-end of the guidance previously announced in July 2020.

Year high 39 last October.

More buys then sells.

Market not woken up to the good RNs.

In the fourth quarter ending 29 August 2020, trading EBITDA was £10m with strong cash generation. As a result, the Group expects to deliver Adjusted EBITDA (pre-IFRS16 lease adjustment) for FY2020 of £38.5m to £39.0m, above the top-end of the guidance previously announced in July 2020. The run rate performance in Adjusted EBITDA in the fourth quarter has continued in September trading, in line with the Board's expectations for the year.

Excellent trading update.

Connect Group PLC

("the Company" or "the Group")





Post Close Trading Update





Trading ahead of expectations



Trading in Smiths News over the last quarter of FY2020 has been stronger than management's revised expectations following the further easing of UK wide lockdown measures since our last update in July 2020. The improvement is a result of a stronger than anticipated sales performance following the return to trading of the larger high street stores, supported by continued robust cost control across the business.



In the fourth quarter ending 29 August 2020, trading EBITDA was £10m with strong cash generation. As a result, the Group expects to deliver Adjusted EBITDA (pre-IFRS16 lease adjustment) for FY2020 of £38.5m to £39.0m, above the top-end of the guidance previously announced in July 2020. The run rate performance in Adjusted EBITDA in the fourth quarter has continued in September trading, in line with the Board's expectations for the year.

Excellent RNs. Year high on the horizon. Dyor

D day on 13th 14th October. One way or the other things will get sorted. Will we start to see buys or sells? Time will tell. Am loaded here till the end. Gla

1.3 mill buy from an hour ago printed at 0.67. peeps loading up

RNs tomorrow and peeps will be paying over 0.75 plus to get in