4090 days ago
I last wrote on AIM-listed printing company Printing.com (LSE: PDC) following its interim results in November. The shares then traded at 32p, but are currently down at 28.25p following the company announcing today that softer than anticipated European trading and increased marketing expenditure on new initiatives mean “that it is now likely that the company will be materially behind market expectations in the current year”. Oh dear. The following is my updated view…
4190 days ago
I originally recommended shares in AIM-listed printing company Printing.com (PDC) in February 2008 at 42p on t1ps.com, the website I founded 12 years ago and left this September. It has subsequently paid out 16p per share in dividends ( with another 1.05p pending) but with its key markets in the UK, Ireland and continental Europe facing difficult economic times, the shares currently trade at 32p. Overall we are thus just under 15% ahead on this one after four and a half years. Not great but no disgrace. The company has today released results for the six months ended 30th September 2012 and in the following I review these and what they say about the current investment case.
