Inspects Group (SPEC)

Sector:

Personal Goods

Index:

FTSE AIM All-Share

 47.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 134.00
  • 52 Week Low: 47.00
  • Currency: UK Pounds
  • Shares Issued: 101.67m
  • Volume: 302,041
  • Market Cap: £48.29m
  • RiskGrade: 186

Sunday share tips: Clarkson, Inspecs

By Alexander Bueso

Date: Sunday 14 Aug 2022

LONDON (ShareCast) - (Sharecast News) - The Financial Mail on Sunday's Midas column recommended investors book some profits on Clarkson following the shares' nearly ten-fold rise under the stewardship of chief executive officer Andi Case.
"Investors may choose to take comfort from past performance and stick with the shares," Midas said.

"But selling a chunk of shares at £36.35 could prove to be a sound decision. Case is a skilful skipper, but choppy seas lie ahead."

The tipster last recommended the shares in February 2021, since when they had climbed by just over a third.

The shipbroker was involved in almost all aspects of the market and had a "strong" record when it came to delivering growth despite challenging market conditions, the tipster said.

And of Case, it noted that he had been "at the helm since 2008 and invested wisely in the business, hiring clever people and ensuring that the group is at the top of its game technologically."

Nonetheless, even if this time around it might be different, traditionally when shipping rates rose, as had been the case recently, shipowners rushed to build new vessels, often just as demand was falling off, pushing rates lower again.

The Sunday Times's Lucy Tobin laid out the case for investors to buy shares of Inspecs following a recent decline in the price.

Above all, she noted the growth prospects for the firm which already sold its glasses in over 80 countries and current investment in expanding its production capacity.

Furthermore, as broker Peel Hunt pointed out, even if not immune to the effects of a recession, eyewear was resilient.

After all, a broken set of glasses had to be replaced.

Chief executive officer, Robin Totterman, had also shown her faith in the business, recently picking up some £100,000-worth of shares, taking his stake to 18.3%.

Aside from investing in new factories, the company was also rolling out a new eco-friendly range of products and had just inked a deal to supply Amazon with its lenses.

There was also the company chairman's, Lord MacLaurin, to contend with, who had helped make Tesco into the juggernaut that it is today.







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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Inspects Group Market Data

Currency UK Pounds
Share Price 47.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 134.00
52 Week Low 47.00
Volume 302,041
Shares Issued 101.67m
Market Cap £48.29m
RiskGrade 186

Inspects Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
28.17% above the market average28.17% above the market average28.17% above the market average28.17% above the market average28.17% above the market average
9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average
Price Trend
86.63% below the market average86.63% below the market average86.63% below the market average86.63% below the market average86.63% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income Not Available
Growth
28.70% above the market average28.70% above the market average28.70% above the market average28.70% above the market average28.70% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average

Inspects Group Dividends

  Latest Previous
  Final
Ex-Div 01-Sep-22
Paid 06-Oct-22
Amount 1.25p

Trades for 28-Mar-2024

Time Volume / Share Price
17:08 14,000 @ 47.50p
16:14 1,563 @ 47.98p
15:58 50,000 @ 47.50p
15:58 27,670 @ 47.50p
15:58 7,000 @ 47.98p

Inspects Group Key Personnel

CFO Christopher Kay

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