RE: Held now for 15 years17 Feb 2024 07:51
XPP A better bet imo.
Todays news.
Among London's small-caps, XP Power plunged 36%, after the manufacturer of power controllers, warned its 2024 outturn will be "significantly below market expectations". The Singapore-based firm said there will be a "shortfall in revenue" this year.
"This is based on recent order intake, revenue performance and discussions with customers, particularly within the Healthcare and Industrial Technology sectors, which confirm unusual, temporarily soft demand conditions and destocking. These softer trends have also emerged within our direct industry peers," XP Power said.