Monday October 24, 2016
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Creston: Not a good share tip so far – do results herald recovery?

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- Tom Winnifrith

Shares in fully-listed marketing services group Creston (LSE:CRE) have not been a good share tip from me so far. They were recommended on t1ps – the website I founded in 2000 and departed in September of this year – at a share price of 107.5p in May 2011 and hit a subsequent high of 121p the following month. However, they then slumped to a low of 47p by the end of January this year as macroeconomic conditions took their toll. The shares have since recovered to a current 77.5p and a couple of days ago the company announced its results for the six months to 30th September. The following reviews these and the insight they offer on the current valuation…

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