29 July 2025 - trading update

Regular readers will be aware that we sold our holding of Journeo in the Aggressive Growth Portfolio in last week's July issue.  The share price had reached 434p and at that level was looking pretty stretched in valuation terms having risen strongly over recent months.  There is no doubt that the company has done well and continues to make excellent progress but everything has a price!  The trading statement issued today has confirmed that the company is on for a record year although the group saw a slight reduction in revenues in the six . . .

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