Gooch & Housego – up 60% in two months, now lasering to doubled profits in two years, AGM Update next week, shares 740p, TP 790p
Mark Watson-Mitchell - 20.02.2026 Two and half months ago, on Tuesday 2 nd December 2025, I featured the shares of Gooch & Housego (LON:GHH) , the photonics technology group. It was then capitalised at £134m, with its shares standing at 512p. Two months later, they peaked at 818p, a near 60% gain, since when they have eased back to 708p on the back of profit-taking. However, by the middle of this week, they were back up to 780p, before closing at 740p yesterday. Not only d
Chemring Group - AGM Trading Update sees shares fall 5% to 496p - a Buyers opportunity, TP 620p
Mark Watson-Mitchell - 20.02.2026 This morning's AGM Trading Update from the Chemring Group (LON:CHG) saw traders knock the share price down to 496p - which is the wrong price. Wrong price in AGM Trading Update reaction In its update ahead of its AGM later today, the group confirmed that its FY26 outlook remains in line with expectations, with revenue 85% covered by current revenues and an Order Book of £1,364m as of 30th January, 2026, an increase from £1,351m in the prio
Costain Group – almost at a Five-Year High and just 9p short of the SQC Target Price of 199.50p – still very undervalued – Finals due soon
Mark Watson-Mitchell – 19.02.2026 Yesterday almost 1.3m shares in the Costain Group (LON:COST) changed hands in the market, closing 3p higher at 190.60p. Those trades were far busier than the recent average daily volumes. The infrastructure group’s shares are just 9p lower than my late January set Target Price of 199.50p, they are just 2.40p lower than their recent High. At the current price they are trading over 73% higher over the last year, and over 225% higher over th
Currys – new five-year High at 155.90p, ahead of planned news upload, investor interest is building up again, TP 200p
Mark Watson-Mitchell – 19.02.2026 I was interested to see that JP Morgan Asset Management has built up a 5.05% holding in the equity of electricals retailer Currys (LON:CURY) . Yesterday, the £1.6bn-capitalised group’s shares closed at 155.90p hitting a new five-year High. The group’s Management is next week hosting an Investor Event at its Newark-based Supply Chain and Service Operation, that is on Wednesday 25 th February. Then two weeks later another event will be a S
McBride Group – up 680%, Interims next Tuesday, shares 165p, on 7.6 x earnings, TP 235p
Mark Watson-Mitchell - 18.02.2026 The shares of the McBride Group (LON:MCB) put on 6p yesterday, to close nearly 4% higher at 165p, the highest level since 2018 – so what is going on? Could it be anticipation of a good set of Interim Results to be announced next Tuesday morning, 24 th February? I featured this group at the end of February 2023, when its shares were just 24p, so the subsequent increase in price, up 680% in those three years, has been more than pleasing. An
Macfarlane Group - ahead of next week's Finals, shares 73.80p, SQC sets a TP @ 90p
Mark Watson-Mitchell - 18.02.2026 The announcement this morning that Aberforth Partners has increased its stake to 12.0%, some 18.84m shares, in the Macfarlane Group (LON:MACF) reminded me that we should be looking out for the Final Results from the UK and Ireland's largest packaging supplier, due next week. This time last year, the group was bedding down the mid-January 2025 £18m acquisition of Pitreavie packaging group. Unfortunately, a fatal incident at that company's pl
Chemring Group – AGM Trading Update due this week, record Order Book, shares 519p, TP 670p
Mark Watson-Mitchell - 16.02.2026 This coming Friday morning, 20 th February, will see the £1.39bn-capitalised Chemring Group (LON:CHG) issue a Trading Update ahead of holding its AGM on that day. The group focuses upon niche, high-margin markets with global reach and high barriers to entry – including advanced sensors, electronic warfare, cyber and energetic materials. Those sectors benefit from resilient, long-term demand, underpinned by rising defence budgets, geopolit
Filtronic - edging higher again today, now 204.50p, SQC Target Price is 232p
Mark Watson-Mitchell - 16.02.2026 Active investors will, no doubt, have already noticed the much heavier dealing volume in the shares of Filtronic (LON:FTC) over the last couple of weeks since the Tuesday, 3rd February, release of the group's Interim Results. The Sedgefield-based group, now capitalised at nearly £450m, is gaining evermore investor interest, helping to drive its shares a lot higher. On pure investment grounds, they look vastly overpriced trading on some 70
