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RNS Trading Tues 6 Feb 24

Today's trading opportunities from RNS newsflow catalysts that trigger trend changes

Daily RPG Reports: Hit + to Expand Tab and Access Report: (Latest Update Open by Default)

Pre Close Opps: 15:30 Confirm Date and Time on Report Header : To Expand Hit +

Ones to Watch

Eckoh  chart ECK

In the first half ended 30 September 2023, Eckoh contracted a record level of business totalling £24.6m. The Group is pleased to report that the strong levels of contract wins has continued in H2 with over £20m of additional contracted business closed since 1 October 2023. With two months still remaining to our financial year end, we have already exceeded the highest ever order intake for a single year with record total contracted business of £45m year-to-date, of which c.£18m is new business.


Future Medical Chart FUM

Chart showing an inverse head and shoulders which often signals a reversal : good chance of a strong pop today given the price action earlier in the year : expect this to rally and retest  the 200MA around 42p which has proven as resistance in the past


The Board expects to report its first meaningful revenues generated from product sales for the year to 31 December of circa £3.1m followed by a strong January, post period, as additional orders in excess of £0.5m were delivered in early January rather than December as originally planned. The Company delivered a gross margin of approximately 58% and has ended the period with a cash position of £7.7m, providing a solid foundation for Futura as it enters 2024.


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