IC’s Hot Stocks 2017 (Part 2) - will these underachievers of 2017 come good in 2018?
Part 2 of our review of 2017 reflects on a mix of good, bad and downright ugly performances from stocks featured in our Blogs and research. We ask whether some of the underachievers of 2017 might come good in 2018. Read on...
Our Blog from June 2017 commented on an awful announcement from utility cost management consultant Utilitywise (AIM:UTW), which subsequently saw the shares sink. With the share price currently close to all-time lows, could 2018 see this previous high-flyer stage a comeback? The November announcement of a further delay to the issue of full year results is hardly encouraging, especially as this relates to the Group’s estimation methodology. However, there are reasons to think that much of the bad news may already be factored into the current lowly share price. Having visited one of their newer gyms earlier in the year…