RE: CMS26 Jul 2016 17:31
Yes, nervous of St Ives-like trading report, but heartened by seeming large buying interest such as �787k at 35p this lunch-time. Other cheery signs are:
St Ives's steady price decline since its April trading update has recently reversed to recover most of it's post April losses
CMS's bread and butter business churning out boring obligatory stuff like statements for mega clients like Barclays, RBS, LBG and the utilities won't be hit by the froth being taken out of Marketing demand.
The new L&G contract was due to start Q2.
Whilst it would be nice to see debt going back down, and there's always potential for nasty surprises, this one does seem boringly dependable compared to most in the currently undervalued bracket.