31 January 2022 - trading update
AIM-listed STM Group, a cross border financial services provider, has announced a trading update for the 12 months to 31 December 2021. Further to the trading update of 19 November, trading results for 2021 will be materially in line with previous guidance, subject to any adjustments resulting from the audit process. Expectations for 2022 are also in line with existing guidance. The shares look good value but it is difficult to pinpoint a catalyst which could attract new investors in the near term. LONG TERM BUY.
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