MIDAS SHARES TIPS: Velocity Composites expecting a turn around in its share performance with profits in 2018 predicted to reach £3.8million



In the past fortnight, defence and aerospace specialist BAE Systems has announced plans to cull its workforce by almost 2,000; automotive and aerospace group GKN has issued a profits warning following two legal claims from clients; and Bombardier has been caught up in a bitter trade row with US aircraft giant Boeing, resulting in a controversial deal with Airbus.
So it is perhaps unsurprising that Velocity Composites, a supplier to the aircraft industry, has had a disappointing market debut. The company listed on AIM in May at 85p. Today, the shares are 84p.
This performance should change.... read more

 
22 October 2017 in Business, Views: 90
Source: Daily Mail
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