Post by Cactus 737 on Oct 30, 2018 17:44:19 GMT
Perhaps Gama’s move from Farnborough to Bournemouth is not going that well. The AIM listed Companys’ shares yesterday suffered their biggest one-day fall of 18% to 125p after it warned it would not hit its forecast growth. The Company’s shares fell after it warned that profits would miss expectations after third quarter trading did not improve as the Company had expected. The announcement surprised investors as just last month Gama had said it expected substantial growth in the second half of the calendar year. The board now expects the full year underlying profit to be $3m below its original expectations (One fifth less than the market was expecting).