Mark Watson-Mitchell - 27.02.2026 This morning, SRT Marine Systems (LON:SRT) , the global provider of intelligent maritime surveillance systems for sovereigns and maritime navigation safety systems, has announced that it has signed a new contract worth $20.5m with an existing sovereign customer. The new contract is a follow-on contract to expand the scope of the system. The Business The group is a global provider of civil defence maritime intelligence and surveillance syste

Mark Watson-Mitchell - 26.02.2026 This morning, FTSE Russell has announced changes to the FTSE UK Index Series effective next Tuesday, 2nd March, following Ashtead Group's transfer of listing category. Ashtead Group will be removed from the FTSE 100 index. Tritax Big Box REIT will be added to the FTSE 100 and removed from the FTSE 250, while Costain Group (LON:COST) will be added to the FTSE 250 and removed from the FTSE SmallCap index. Inflection Point? The group's shares,

Mark Watson-Mitchell - 26.02.2026 This morning, Made Tech Group (LON:MTEC) , a leading provider of digital, data, and technology services to the UK public sector, announced its unaudited half-year results for the six months to end-November 2025. The results were strong and market-beating, making the group's shares look appealing at 35p. Made Tech at The Home Office The Business Made Tech is a provider of digital, data and technology services, which enable central government,

Mark Watson-Mitchell - 25.02.2026 This morning's Interim Results announcement from Avingtrans (LON:AVG) should be well received by the market. In reaction, the group's broker has increased its Buy note Target Price to 681p from 575p previously. Operating on a global basis, the £187m-capitalised group designs, manufactures and supplies original equipment, systems and associated aftermarket services to the energy, medical and industrial markets. Interim Results The reported

Mark Watson-Mitchell - 24.02.2026 Last Friday, following the publication of its AGM Trading Update, the shares of the Chemring Group (LON:CHG) were driven down by traders taking them from the 536p level achieved on Thursday, to a low of 493p the next day. I could not see the reason why the market had taken them down, so I shouted that at 496p they offered a cheap buying opportunity and that investors should take advantage of the bargain on offer. There was a massive 2.6m sha

Mark Watson-Mitchell - 24.02.2026 I cannot find any reasons for the recent drift-off in the shares of Northern Bear (LON:NTBR). Is it just the general lack of interest in the construction sector? They fell to as low as 107p last Friday, after having been treading water in the 125p to 140p price range for some months. I like the make-up of this little Gateshead-based building services group. This morning, the shares have picked back up to trade around 123p, at which point, a

Mark Watson-Mitchell - 24.02.2026 In the first couple of hours of trading this morning, some 1,600,734 shares have changed hands in the UK's favourite electrical retail group Currys (LON:CURY) against the daily average of 3,843,619 dealing volume. They have touched 159.90p and continue to hold massive investor appeal, especially as the £1. 67bn-capitalised group holds a Capital Market Event tomorrow, taking investors for a tour of its Supply Chain and Service Operations i

James Fisher - submarine rescue In just under three weeks, we will see James Fisher & Sons (LON:FSJ) announce its Final results for the year to end-December 2025. I have followed this group for over thirty years, it has had its ups and downs in share price terms, but now I do feel that it is definitely on the up again. Less than a month ago, on Thursday 29th January, I featured the group once more, noting that the group's Latest Trading Update was bullish enough to help to p

Mark Watson-Mitchell – 23.02.2026 This coming Wednesday morning, 25 th February, will see Avingtrans (LON:AVG) , the specialist precision engineering group of companies, announce its Interim Results for the half-year to end-November 2025 – they should be good and help investors to realise its potential going forward. It has built up over the last three decades through making acquisitions of companies that need tighter management, that can be built up and able to be sold of

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

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

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

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

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

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

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

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

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

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

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