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
Seraphim Space - fund-raising and corporate activity boost constituent values by 24%, having tripled, the shares now 141.50p, offer upside
Mark Watson-Mitchell - 16.02.2026 The unique Seraphim Space Investment Trust (LON:SSIT) has this morning announced a significant valuation update for its top four portfolio holdings as at end-December 2025. The update resulted in a combined fair value uplift of £69m, representing a significant 24% increase on the previously reported net asset value of £284m as at the end of September 2025. That uplift was driven by substantial financing rounds and corporate activity, includ
Hunting - enhanced oil recovery advance could be highly beneficial, shares 480p, TP 634p
Mark Watson-Mitchell - 16.02.2026 In a very interesting piece of corporate news, Hunting (LON:HTG) has this morning announced positive results from a pilot test of its Organic Oil Recovery (OOR) enhanced oil recovery solution, utilised by Buccaneer Energy PLC at its Pine Mills field. The OOR technology led to a 100% production uplift in oil wells and reduced water cut to zero in one well, prompting Buccaneer Energy to plan a wider rollout. This successful pilot reinforces Hu
SDI Group - latest acquisition gives entry to defence sector business, shares 81p, brokers TP 140p
Mark Watson-Mitchell - 13.02.2026 I have to say that I do like the look of this group's latest deal, taking it into a strong trend sector that gains significant investor interest. This morning SDI Group (LON:SDI) announced that it has acquired PRP Optoelectronics for a net £9.3m, marking its entry into the avionics markets with essential components for programs like the Eurofighter Typhoon, F-16, and F-22 Raptor. PRP, which is a profitable business with £5.99m in revenues
Hunting – with Finals due early next month, shares now 480p, average brokers TP 634p – going higher
Mark Watson-Mitchell – 12.02.2026 Less than a month ago, I featured the shares of the Hunting Group (LON:HTG) at 401p, they are now 480p, and I see them going even higher. It is a business that I have been following for nearly four decades, yes decades! And I have maintained my faith in its ability to deliver for its shareholders. Showing the strength of its Management, over the last seven years the corporate shape of Hunting has shifted significantly. It is now estimated
