Shares in Anite are expected to start to rise tomorrow ahead of half year results on 16/01/01. It is expected the results are well ahead of the best forecasts as the company issued an upbeat trading statement before Christmas saying sales were well ahead of previous forecasts.
The 2 year target price is £7.60 however many believe anite will be taken over within the next 12 months. The company which has made 19 aquisitions in the last 19 months looks very cheap.
This stock could go well over £2 prior to results and exceed £3 post results.
You heard it on ADVFN first!!!!!!!!!!!!!!!!!!!!!!!