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Coronavirus impact: 23 June - a bonkers valuation of the week is even worse than we expected

23/06/2020 · Gear4music (G4M)  · James Cropper (CRPR)  · Proton Motor Power Systems (PPS)  · Scapa Group (SCPA)  · Shoe Zone (SHOE)  · Smart Metering Systems (SMS)  · Time Finance (TIME)  · Tricorn Group (TCN)  · Velocity Composites PLC (VEL) 

AIM AIM Inheritance Tax potential Coronavirus UK

Gear4 music musicians

A big day of results included the good, bad and ugly from Scapa Group, a previous winner of our bonkers valuation of the week. The value of a loss making hydrogen fuel cell company featured here looks equally bonkers  


Tricorn: results significantly impacted

Interim results from Tricorn Group (LON: TCN), the tube manipulation specialist, highlight the struggles that many companies have had to face over the pandemic.

For the six months ending 31 March 2020 revenue fell 25% to £8.4m with the outcome a loss of £772k compared with the comparable period’s profit of £511k.

Thankfully, all their facilities have been operational since 20 April but, while demand has started to increase at some facilities,…

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