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Northern Bear - Interims tomorrow morning should get the shares going
Now we can see why the shares of , the AIM quoted group providing specialist building and support services, have been creeping gently better over the last few days. The group, which is based in Northern England and serving customers across the UK, has today announced that it expects to release tomorrow morning, its Interim Results for the 6-month period to end-September. Further to its announcement made on Wednesday, 29th October, the group has stated that the expected timin


James Cropper – group showing plans now underway, shares 330p, on just 9.7 times current year earnings, cheap!
Mark Watson-Mitchell - 17.11.2025 This morning’s Interim Results from James Cropper (LON:CRPR) covered the six months to Saturday, 27 th September, they showed that the advanced materials and paper products manufacturing group is now well underway with its Strategic Plan. Its shares could easily lift over 20% and still look cheap. The Business The group is based in Burneside, with additional UK manufacturing sites in Crewe, Launceston, and in the USA in Schenectady. Built u


Kier Group – already up 41% this year, AGM Trading Update gives confidence for shares at 205p, TP 270p
Mark Watson-Mitchell - 14.11.2025 Following the issue of yesterday’s AGM Trading Update by Kier Group (LON:KIE) analyst Max Hayes, at Cavendish Capital Markets , has stated that it underpins his firm’s confidence in its 277p a share Target Price, compared to the current 205p. The Business Kier is a leading UK infrastructure services, construction and property group. It provides specialist ‘design and build’ capabilities and the knowledge, skills and intellectual capital of


Premier Foods – undervalued shares leave the group wide open to a foreign bid, shares 173p, average TP 236p
Mark Watson-Mitchell - 13.11.2025 This morning’s Interim Results from Premier Foods (LON:PFD) were better than expected, even though they showed no real advance in the six months to 27 th September. Against toughening trading conditions, the group has reported a 0.7% increase in headline revenue to £502.5m for the half-year, with branded revenue up 1.9% to £453.0m, driven by strong performance in its Sweet Treats. The trading profit saw a modest 0.4% rise to £70.5m, while


Northern Bear – with Interims due shortly, building services group’s shares are on upward push, now 117p, new TP 140p
Mark Watson-Mitchell – 13.11.2025 On Thursday 7 th August I considered that the shares of Northern Bear (LON:NTBR) , then 99p, were significantly undervalued, while having the prospect of easily trading the 120p/135p price range in due course. They have subsequently touched 118p a couple of times and closed last night at 117p. We are now very close to the group announcing its Interim Results, which should help to generate a great deal more interest in its progress. The Bus


Avon Technologies – strong platform, expanding horizons, shares, now 1860p, ready to regain their previous 2230p High
Mark Watson-Mitchell - 12.11.2025 This morning’s results from Avon Technologies (LON:AVON) , the global leader in protective equipment, covered the Full Year to end-September. Not only is that a rapid collation and breakdown of the annual figures, which would shame hundreds of other PLC’s, but it was also a good set of numbers for the period. In early April this year, I stated that the group’s shares looked appealing at 1385p, this morning they are trading at around 1860p,


Volex – an upbeat set of Interims makes broker increase its Target Price to 470p a share, now 419p
Mark Watson-Mitchell - 12.11.2025 Further to my feature on Volex (LON:VLX) published on Monday, 10th November, the Basingstoke-based group has reported a very encouraging Interim Results statement. The £770m-capitalised business, is engaged in integrated manufacturing of performance-critical applications and power and data connectivity. Today’s Results The group has announced a strong first half for FY2026, with revenue increasing by 12.7% to $583.9 million, driven by 13.0


Costain - up 47% this year and still cheap - more contract news
Mark Watson-Mitchell - 12.11.2025 I am grateful to Aaron Morby at Construction Enquirer for the latest bit of news about Costain (LON:COST) , my favourite infrastructure group. It could well explain why the group's shares have been moving forward over the last week or so, now up to 156p, making a near 47% advance in price over the year to date. Morby noted that Costain had joined the £800m Eastern Highways Alliance framework, stepping in to replace Morgan Sindall on the refr


Volex – brokers looking to ‘revisit’ estimates after this Wednesday’s Interims, shares 365p
Mark Watson-Mitchell - 10.11.2025 It will be interesting to note whether broker’s analysts change or even upgrade their estimates for Volex (LON:VLX) upon publication of the group’s Interim Results this coming Wednesday, 12 th November. Just over three weeks ago the £686m-capitalised company, which is a specialist integrated manufacturer of critical power and data transmission products, declared in a Trading Update that it had enjoyed a strong first-half result to end-Sept


Shearwater – today’s results see broker increasing Target Price to 90p, shares now 58p
Mark Watson-Mitchell – 11.11.2025 Shearwater Group (LON:SWG) , the cybersecurity, advisory and managed security services business, has this morning announced its Final Results for the 15-month period to end-June. They showed revenues up from a restated £24.4m to £39.5m, with adjusted pre-tax profits of £0.6m (loss of £0.6m), lifting earnings per share six-fold to 3.0p. The debt-free £13.8m-capitalised company held £5.1m in cash – which is a very impressive Buy signal as far


10,000 or 50,000 – which will be breached first? And will it be this year?
Mark Watson-Mitchell – 10.11.2025 Perhaps it was the suggestion by Donald Trump that he was thinking about giving everyone in the States the sum of $2,000 as extra spending money. Perhaps it was something else that suddenly charged up the markets today. Whatever it may have been – the effect has been electrifying. The FTSE-100, as I write is up over 98 points on the day, after topping 103.90 points, a very healthy one-day gain in such nervous markets. That peak was at 9786.


Shearwater Group – tomorrow’s results will indicate recovery is underway and could show how cheap its shares are at 58p, brokers TP 78p
Mark Watson-Mitchell – 10.11.2025 Tomorrow morning, Tuesday 11th November, will see the £13.8m-capitalised Shearwater Group (LON:SWG) announce its Final Results covering the 15-month trading period to end-June. I believe that they will show that the cybersecurity, advisory, and managed security services group is showing some decent corporate recovery. Its shares at 58p have performed quite well since May, when they were just 30p. Will tomorrow’s statement guide for ongoing pr


Chemring's growing Order Book, while profit expectations on course, shares 545p, Finals due in a month
Mark Watson-Mitchell - 10.11.2025 The £1.54bn-capitalised Chemring Group (LON:CHG) has this morning announced that it expects its FY25 adjusted operating profit to be in line with analyst expectations. The group has stated that it anticipates that its adjusted operating margin will be around 14.7%, driven by strong performance in its Energetics side, which offsets softness in the Sensors & Information division. The company's net debt is projected to be around £95m, while not


Carclo – Up over 128% in six months, shares still looking cheap at 65.10p, new SQC TP now set at 80p
Mark Watson-Mitchell – 07.11.2025 We have seen this group’s shares up over 128% since the SQC April feature – and there is more to come yet! In the next week or so, I am expecting that Carclo (LON:CAR) , which is a trusted global partner delivering high-performance components for life sciences, aerospace, and advanced industries, will be announcing the date of its Interim Results to end-September. The £48m-capitalised group’s AGM Trading Update, issued in late September,


EnSilica – despite new brokers 55p Target Price, shares now 40p could well ease to 30p ahead of cash raise
Mark Watson-Mitchell – 06.11.2025 The results for the year to end May 2025, reported by EnSilica (LON:ENSI) on Tuesday of this week, were disappointing and could well stymie any significant rise in the group’s share price for quite a while. After having peaked at 53.60p a month ago, following a questionable valuation ‘puff’, they have since slipped back to 40p. There is no doubt that the group is attempting to win more business within the ‘space sector’ and will add to its


Filtronic – LEO still roaring, group wins €7m RF assemblies contract from recent customer, shares at 129.89p offer 50% upside!
Mark Watson-Mitchell – 06.11.2025 This morning Filtronic (LON:FTC) has announced yet more contract business to add to its growing Order Book. Based in Sedgefield, the £306m-capitalised group is involved in the design and manufacture of advanced RF solutions for the space, aerospace and defence, and telecoms infrastructure markets. It announced that it has secured a contract with a leading European aerospace manufacturer, to supply RF assemblies for integration into a major


Analyst comments on Reeves speech
Mark Watson-Mitchell - 04.11.2025 Daniela Hathorn, Senior Market Analyst, at Capital.com commented on how the upcoming Budget is likely to impact the markets and what it means for investors. UK Chancellor Rachel Reeves delivered a sober pre-Budget speech this morning, signalling that she is prepared to make “necessary, not popular” decisions to safeguard the British economy. She warned that since her last Budget, the world has thrown “even more challenges our way,” citing s


Filtronic – Berenberg put out a 196p Target Price, noting that the ‘sell-off’ is overdone, shares now an attractive 133p
Mark Watson-Mitchell – 04.11.2025 Ahead of last Thursday’s AGM the shares of Filtronic (LON:FTC) were trading at 142p, since when they have eased back to the current 133p. I consider that the group’s shares should now be advancing to break above the recent 175p High – hopefully to be helped in that progress by news of further contracts. The Sedgefield-based designer and manufacturer of advanced RF solutions for the space, aerospace and defence and telecoms infrastructure ma


Filtronic – AGM Update, shares now 141.5p, broker Target Prices over 200p
Mark Watson-Mitchell – 30.10.2025 This morning, ahead of holding its AGM, Filtronic plc (LON:FTC) , the designer and manufacturer of advanced RF solutions for the space, aerospace and defence and telecoms infrastructure markets, has issued a Trading Update that is sure to be of interest to its investors. AGM Trading Update The company stated that: “The start of FY2026 has seen continued progress, as the Company increases the scalability of the business and capitalises on it


SRT Marine Systems goes to a New High, now 93p, SQC TP 150p
Mark Watson-Mitchell - 29.10.2025 This afternoon some fresh buying has helped to raise the share price of SRT Marine Systems (LON:SRT) to a New High of 93p. Just a week ago, Wednesday, 22nd October, the maritime surveillance solutions group declared its results for the year to end June. The shares were then 81.20p - this afternoon they have hit 93p on a very good dealing volume. That near 15% uplift in seven days is nothing! I stand by my prediction that they will touch 150p
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