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Shearwater Group - Central Government Cyber Security Contract Win opens up bigger markets - Finals next week
Mark Watson-Mitchell - 20.10.2026 This morning the £16.5m-capitalised Shearwater Group (LON:SWG) has announced that its subsidiary, Brookcourt Solutions, has secured a new £1.7m two-year contract with a Central Government customer for advanced threat intelligence capabilities. This contract replaces a previous agreement and expands services to include additional platform features and more users, supporting the protection of GOV.UK services and UK citizens. The win, achieved t


James Cropper - Strong first half performance; full-year expected to be ahead of current market expectations
Mark Watson-Mitchell - 20.10.2026 This morning, the £67m-capitalised James Cropper (LON:CRPR) has announced a strong first-half performance for FY27, with trading exceeding expectations primarily due to the Paper & Packaging business's revenue growth and cost management. Consequently, the company now anticipates full-year Adjusted EBITDA to be between 10% and 20% above current market expectations of £9.4m, projecting a range of £10.3m to £11.3m. This positive outlook reflects


Angling Direct – resilient first-half, cash-rich group’s shares now 56p, SQC Research TP 65p plus
Mark Watson-Mitchell – 13.10.2026 This morning fishing tackle and equipment retail group Angling Direct (LON:ANG) reported a resilient first half performance for the six months to end-July, with revenue increasing by 5.1% to £56.4m, driven by a 6.9% rise in total UK sales to £54.6m, while European sales declined by 30.4% to £1.8m. Adjusted EBITDA grew by 11.9% to £4.3m, and adjusted profit before tax increased by 11.2% to £3.3m. Earnings were up 10% to 3.20p (2.91p) per sha


Greencore Group – upped Guidance shows market outperformance continues to underline attractions, shares now 260p with 300p early Target Price
Mark Watson-Mitchell – 13.10.2026 This morning’s announcement from the £2.1bn-capitalised Greencore Group (LON:GNC) was a Q4 Trading Update covering the foods group’s year to Friday 25th September. It showed Greencore ended FY26 strongly, with volume growth ahead of the market, and an excellent profit momentum and positive cashflow generation, while it has further upgraded its FY26 Adjusted Operating Profit guidance. The shares, which are now trading at 260p, have 300p writ


Gattaca – improved profits for FY26 give confidence for a strong FY27 performance, 10 times earnings dropping to 8 times.
Mark Watson-Mitchell – 12.10.2026 The £45m-capitalised Gattaca (LON:GATC), the specialist staffing solutions business, will declare its Final Results for the year to end-July on Tuesday, 3rd November. They will be impressive and are expected to point toward a very positive 2027 trading year. The Group’s shares, now 145p, have risen nearly 62% since the beginning of the year, after having peaked at 175p in August. I now expect that the shares will edge better, especially ahe


YouGov – a continued dislocation of intrinsic value against market value, Finals will help to correct and offer upside
Mark Watson-Mitchell - 08.10.2026 “Our vision is for YouGov to be the world’s leading provider of marketing and opinion data” Next Tuesday, 13th October, the international research and data analytics group YouGov (LON:YOU), will release its Final Results for the year to end-July 2026. The group’s shares have ranged from 291p a year ago, down to 150p in late March this year, then a summer climb in price to 288p by early last month. Now at 263p, the £308m-capitalised busine


Avon Technologies - SQC Research Target Price scored within 24 hours
Mark Watson-Mitchell - 09.10.2026 Yesterday morning, Wednesday, 7th October, SQC Research posted a new note on Avon Technologies (LON:AVON), publishing a new Target Price of 2100p, for the protection products group's shares, then 1905p. Last night they closed at 2190p, up 14.95% in the day. "This £576m-capitalised group's shares at 1905p continue to hold strong investor attractions. My new Target Price is set at 2100p." That rapid price ascent was very impressive; however, I


Angling Direct – next week’s Interims will show this under-appreciated cash-rich group has strength in its sales and profits, look for a 20% plus uplift
Mark Watson-Mitchell - 08.10.2026 Look out next Tuesday morning, 13th October, for the Interim Results statement from the £36.5m-capitalised leading omni-channel specialist fishing tackle and equipment retailer Angling Direct (LON:ANG). For the first half year, it should be reporting continued sales growth while delivering operational efficiencies from prior-year investments. It is expected to comment upon the Group’s sustained progress against its updated medium-term objecti


Greencore Group - food market leader's mega-acquisition is looking very good, Q4 Update will show shares are under-appreciated, at least 25% upside
Mark Watson-Mitchell - 07.10.2026 Next Tuesday, 13th October, the £1.95bn-capitalised Greencore Group (LON:GNC) will be informing the market with its Q4 Trading Update and also about its integration progress and delivery following the massive Bakkavor acquisition that was completed in January this year. In February 2025, Greencore made its first offer for the Bakkavor Group with a view that the enlarged group would create a leading UK convenience food business with a combin


Hollywood Bowl announces that despite H2 challenges it will show in line results
Mark Watson-Mitchell - 07.10.2026 This morning, the Hollywood Bowl Group (LON:BOWL) has reported a resilient performance for the year to end-September, with total Group revenue growing 4.3% to a record £261.6m, driven by a 3.5% increase in UK revenue to £219.9m and a 9.0% rise in Canadian revenue to £41.7m. Despite a challenging second half in the UK due to prolonged hot weather impacting like-for-like revenue by 1.4%, disciplined cost controls and dynamic pricing mitigated


Avon Technologies - Trading Update shows Finals to be ahead of expectations, new SQC TP
Mark Watson-Mitchell - 07.10.2026 Ahead of a Capital Markets Event in the shape of an investor strategy teach-in being held today, Avon Technologies (LON:AVON) has provided a Trading Update for the year to end-September. It is expecting results to be ahead of market expectations with revenue growth of approximately 12.5% and adjusted operating profit margins comfortably above the guided 14-16% range. The Group's new "Improve. Grow. Compound." strategy aims for annual revenue


Volution Group – this fan company’s Finals will underline attractive upside, could be over 30% higher in due course
Mark Watson-Mitchell - 06.10.2026 This coming Thursday, 8th October, the £1.3bn-capitalised Volution Group (LON:FAN) will declare its 2026 Final Results to end-June. The Company is a leading international designer and manufacturer of energy efficient indoor air quality solutions. Over the last year, the Group’s shares have ranged in price from 547p to 730p and they are now trading at around the mid-level at 657p. City analysts are looking for the Group’s shares to gradua


Netcall – this week’s Finals will report a record sales pipeline, supported by demand for cloud-based automation and AI-enabled solutions, shares look ready to run
Mark Watson-Mitchell - 05.10.2026 This Wednesday, 7th October, the £213m-capitalised Netcall (LON:NET) will be declaring its 2026 Final Results – they should be good and point toward even better times ahead. The intelligent software group has seen its shares advance from the 102p level when I commented upon the company in early March, they are now 125p and now they are looking even more appealing. The Business Founded in 1984 and based in Bedford, Netcall is a provider of i


SRT Marine Systems – looking for momentum to accelerate into the future, 2026 Finals due shortly should please investors and show substantial prospects
SRT Marine awareness in operation Mark Watson-Mitchell - 02.10.2026 I always like to see ‘Company Insiders’ committing to their equities. So, when I noted a couple of months ago that Oliver Plunkett, a Non-Executive Director at SRT Marine Systems (LON:SRT) had added another 190,456 shares to his holding, paying 77.96p each for his purchase, I believe that it emphasised his confidence in the group. Plunkett is a board member of and CEO of the Ocean Infinity Group, the Company'


JD Wetherspoon - 28% fall in 2026 profits after 5.2% sales increase - but this year looking better
Mark Watson-Mitchell - 02.10.2026 This morning the pubs and hotels group J D Wetherspoon (LON:JDW) has reported preliminary results for the 52 weeks ended July 26, 2026, showing a 5.2% increase in revenue to £2,238m, driven by a 4.2% rise in like-for-like sales. However, profit before tax decreased by 28.0% to £58.6m, and operating profit fell 17.9% to £120.2m, with basic earnings per share down 16.6% to 42.4p. Despite these profit declines, free cash inflow per share signifi


Filtronic – with increasing orders - expect a gradual upward price move ahead of the AGM Trading Update at the end of this month
Mark Watson-Mitchell - -01.10.2026 Many investors in the £520m-capitalised communication products group Filtronic (LON:FTC) must be hoping for another big share price run like that enjoyed from end-March to end-May this year. It was in that period the market got over-excited about the US launch of the SpaceX IPO, taking any shares in companies with an extra-terrestrial connection to new price Highs. In those two months the shares of Filtronic, the designer and manufacturer


JD Wetherspoon – just how will its shares react to this Friday’s Finals?
Mark Watson-Mitchell - 30.09.2026 You have to admit it – that Tim Martin, boss of JD Wetherspoon (LON:JDW), is a ‘one-off’, always able to generate column inches upon any news from his pubs group, whether good or bad. J D Wetherspoon is a leading pub operator in the UK and Ireland. In late March after the group announced its Interim Results for the 26 weeks to 25th January – showing a 5.7% rise in revenues and a 31.9% fall in pre-tax profits, slashing earnings to 15.5p (21.


Avingtrans - broker ups Target Price to 878p (770p) after today's excellent Finals
Mark Watson-Mitchell - 30.09.2026 Avingtrans (LON:AVG) has this morning reported record revenue of £163.3m for the year to end-May, a 4.4% increase from the previous year, with gross margin improving to 32.8%. Its Adjusted EBITDA from continuing operations reached £20.7m, exceeding market expectations, driven by strong performance in the Energy (AES) division which saw an 11.7% uplift in adjusted EBITDA to £24.0m. Adjusted profit before tax was £12.5m, and adjusted diluted ea


DSW Capital – an increase in M&A activity will show through to increase the bottom line, shares are undervalued at 45p
Mark Watson-Mitchell - 29.09.2026 Tomorrow, Wednesday 30th September, the £11.5m-capitalised DSW Capital (LON:DSW) will hold its AGM for its year to end-March, I look for some positive corporate comment to follow, which should help to push its shares higher in price. The Group is a profitable, mid-market, challenger professional services licence network and owner of the Dow Schofield Watts and the DR Solicitors brands. DSW provides a very useful range of advice for companie


Winvia Entertainment scores a 21% gain in just one day
Mark Watson-Mitchell - 29.09.2026 I have to say that I am delighted for SQC Research followers who took heed of my comments yesterday after the announcement of the results from Winvia Entertainments (LON:WVIA). The conclusion to yesterday morning's article on the gaming group's figures was to state clearly that I stuck to my 300p Target Price for its shares, then 247.50p. Just before 3pm today that 300p price tag was scored, before easing back to 296p as I write. I have a str
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