Auction Technology Group – FitzWalter Capital is determined, making 12th approach and suggesting 400p a share cash offer, shares 362p
Mark Watson-Mitchell – 18.01.2026 Last Friday morning, 16th January, the FitzWalter Capital investment group announced that it has increased its possible offer for Auction Technology Group (LON:ATG) to 400p per share, valuing the company at £491m, a 48% premium to the undisturbed share price on Friday 2nd January. FitzWalter Capital It is a global private investment firm headquartered in London, with offices in New York and Hamburg. Founded in 2020, the firm manages $2.4bn o
Hunting – Trading Update indicates good Order Book and Tender pipeline, with big subsea emphasis, shares 401p, new TP 460p
Mark Watson-Mitchell - 15.01.2026 The 2025 Full Year Trading Statement issued by Hunting (LON:HTG) , the £600m-capitalised global precision engineering group, covered the period to end-December last. Last July, I stated that the group’s shares were undervalued at 339p, since when they have risen over 20%. I believe that the group has the potential for significant growth in its main operating divisions, and that its shares, now at 401p, are an attractive investment. The Update
Mpac Group - Trading Update points to 26% profits advance, shares 320p, TP 400p
Mark Watson-Mitchell - 15.01.2026 This morning's Trading Update from one of my old favourites, the Mpac Group (LON:MPAC), has declared that the FY25 trading performance was in line with market expectations, with improving operating margins and a stabilised order book. The group, which is a global leader in high-speed packaging and automation solutions, expects to report revenues of approximately £170m for the full year 2025, a significant increase from £122.4m in 2024, with
Ramsdens Holdings - record results see brokers increase their Target Prices, shares now 420p, TP 490p
Mark Watson-Mitchell - 14.01.2026 An excellent set of results were announced this morning by Ramsdens Holdings (LON:RFX) , the financial services group. It reported a record year for the twelve months to end-September 2025, with profit before tax increasing by 43% to £16.2m on revenue of £116.8m, up 22% from the previous year. This strong performance was driven by growth across all four key income streams, particularly the purchase of precious metals segment which saw a 52% i
Ramsdens Holdings – look out for the Finals tomorrow, shares 415p, brokers TP 480p
Mark Watson-Mitchell - 13.01.2026 Tomorrow morning, Wednesday, 14th January, will see Ramsdens Holdings (LON:RFX) releasing its Annual Results, covering the year to end-September last. Yesterday the group’s shares put on a healthy 4.40% gain, to close 17.50p up at 415p, which is more than double my feature price of 201p three years ago and is now at an All-Time-High, perhaps the precursor to good news. In early October 2025, the financial services business issued its Pre-Clos
SRT Marine Systems - At an Inflection Point, Trading Update indicates 47% profit advance and a 85% uplift in cash
Mark Watson-Mitchell - 13.01.2026 This morning SRT Marine Systems (LON:SRT) , the global provider of intelligent maritime surveillance systems for sovereigns and maritime navigation safety systems, has reported a strong first half for FY26, with unaudited group revenues reaching £51.1m, which is a significant 95% increase from £26.2m in the prior year's comparable period, while its profit before tax rose by 47% to £3.1m. The company's gross cash balance also grew substantial
Gym Group - excellent Trading Update should spur the shares higher
Mark Watson-Mitchell - 13.01.2026 The Gym Group (LON;GYM) has this morning stated that it anticipates full-year results for 2025 to exceed analyst forecasts, driven by an 8% revenue increase to £244.9m and a 3% like-for-like revenue growth. The group declared that the numberr of members rose 4% to 945,000, with average revenue per member per month increasing to £21.60. Last year, the company opened 16 new sites, taking the total up to 260. It also reported that its net debt
Hands Off Greenland – some recollections of my trip there to a Molybdenum prospect
Mark Watson-Mitchell – 12.01.2026 I now realise what Donald Trump is doing on the international stage – he is creating tensions across the globe, so that he can then be lauded for ‘settling’ the various wars and conflicts that are created by his manoeuvres. And then claim the Nobel Peace Prize for his valiant efforts. Grabbing Out For Greenland He is currently ‘bullying’ his way into the annexation of Greenland – such an intention of which I totally abhor. It is the world’s
