SQC Research Market Recovery Portfolio beats the market by 3.5 times - up 30.33% !!!
Mark Watson-Mitchell - 26.10.2026 The SQC Research Market Recovery Portfolio has continued its market-beating performance - up 30.33% against the market's 8.65% gain in the same period. The Top Three performers remain Ramsdens Holdings, then Filtronic, followed by Ashtead Technology Holdings, all up over 55% since selection. The laggards are SRT Marine Systems and James Fisher, depressingly both in negative territory. Overall, the portfolio is up a market-beating 30.33% over
Shearwater Group - doubled profits and increased sales orders, shares 72p, SQC TP 87p
Mark Watson-Mitchell - 26.10.2026 Final Results tomorrow morning Watch out tomorrow, Tuesday 27th October, for the Finals from the Shearwater Group (LON:SWG). Analysts Kimberley Carstens and Edward Stacey, at Cavendish Capital Markets a week ago declared that: "Shearwater is a company with a unique and differentiated set of capabilities in critical cyber-security applications, and a global blue-chip customer base: Driven by continually escalating tactics used by cybercrime gr
Filtronic – AGM Trading Update due this Friday and note the Elon Musk options, shares just 245p, destined to rise again
Mark Watson-Mitchell – 26.10.2026 “Every major leap in communications capability begins with innovation at the edge of what is technically possible. From expanding global connectivity and enabling next-generation satellite networks to supporting advanced defence and security applications, Filtronic’s technologies help make the future achievable.” Watch out this coming Friday, 30th October, for the AGM Trading Update from the £539m-capitalised Filtronic (LON:FTC) the Sedge
Luceco – 2026 Adjusted Operating Profit expected to be ahead of market expectations, Q3 Trading Update next Tuesday, shares at 203p look very cheap!
Mark Watson-Mitchell – 23.10.2026 Next Tuesday, 27th October, I will be looking out for the Q3 Trading Update from the electrification products group Luceco (LON:LUCE). The statement should indicate that the market’s current 2026 expectations will be beaten. The £300m-capitalised Group’s shares are looking slightly friendless at 203p, after having hit 292p earlier in the Summer. A good announcement next week could help to turn the downward pressure on the shares, with a move
Auction Technology Group – FY26 trading slightly ahead; strong performance from Chairish, FY27 outlook in line with current market expectations
Mark Watson-Mitchell – 22.10.2026 The £581m-capitalised Auction Technology Group (LON:ATG), the operator of world-leading auction and list price marketplaces that connect millions of buyers with unique items worth finding again, this morning announced its FY26 Pre-close Trading Update. The Group anticipates its financial year 2026 revenue to be approximately $251m, slightly exceeding market expectations, with an adjusted EBITDA margin just above 34.5%. The Company expects i
SigmaRoc – Third Quarter boost and earnings accretive acquisition, shares undervalued at 119p
Mark Watson-Mitchell – 21.10.2026 This morning the £1.3bn-capitalised SigmaRoc (LON:SRC) reported a strong third quarter, with revenues for the nine months to Wednesday 30th September increasing by 2.5% to £795m, and underlying EBITDA growing by 7.5% to £207.3m, resulting in an improved underlying EBITDA margin of 26.1%. The European lime and minerals group also announced the acquisition of AB Dolomitas for €110m, which is expected to be earnings-enhancing in 2027. Despite
Halfords Group – the Interims next month will spell out further growth
Mark Watson-Mitchell – 21.10.2026 The Trading Update announced this morning by the £602m-capitalised Halfords Group (LON:HFD) has reported strong trading for the motoring and cycling products retailer for the 26 weeks to Friday 2nd October. Group like-for-like sales grew 7.1%, driven by a 7.7% increase in retail sales and 6.1% growth in Autocentres. That performance supports the previously upgraded full-year 2027 underlying profit before tax guidance of £55m to £65m, with t
Ashtead Technology Holdings – 615p a share cash offer from Ember Infrastructure, take the market price and reinvest elsewhere
Mark Watson-Mitchell – 21.10.2026 This morning Ember Infrastructure Management, LP, through its subsidiary Pine Acquisition UK Bidco Limited, has made a recommended cash offer to acquire Ashtead Technology Holdings (LON:ATG) for 615p per share, valuing the company at approximately £505m. This offer represents a significant premium of 80.9% to Ashtead Technology's closing share price on Tuesday 22nd September. The acquisition, to be effected by a Scheme Of Arrangement, is su
