Flagged for tone decliner today. Tone trajectory is deteriorating (ahead → ahead → below → below); last update 2026-10-12. Next results expected in 32 days (2026-11-24); the earnings model leans ahead (39% confidence). Macro backdrop: recovery.
Flagged for tone decliner today. Tone trajectory is deteriorating (ahead → ahead → below → below); last update 2026-10-12. Next results expected in 32 days (2026-11-24); the earnings model leans ahead (39% confidence). Macro backdrop: recovery.
| Signal / Date | Status | Detail | Indicator |
|---|---|---|---|
| Composite signals | |||
| Multi-channel | Decliner flagged | Tone deteriorating across multiple channels — flagged decliner in AIM. 3 of 4 channels in agreement | tone -85.0 · broker -66.7 · director -9.5 · sector 21.0 |
| Tone trajectory | deteriorating | Tone has been deteriorating. most recent 2026-10-12 · 9 statements in last 180d | |
| Distress | Not flagged | Not flagged for distress. | |
| Promotional language | Not flagged | RNS language is not unusually promotional. | |
| Narrative drift | Stable | Narrative consistent with historical baseline. | |
| Forward catalyst | |||
| Upcoming results | Predicted ahead | Next results expected in 32 days (2026-11-24). Model leans ahead of consensus. 31% below · 30% inline · 39% ahead · 39% model confidence · calendar announced | |
| Broker actions — last 90 days (2) | |||
| 2026-10-12 | target_cut | Canaccord Genuitybuy | 300p(was 355) |
| 2026-10-12 | reiteration | Canaccord GenuityBuy | 300p(was 355) |
| Director deals — last 90 days (7; 3 purchases / 1 sale) | |||
| 2026-10-16 | Purchase | Richard Jeffery139 shares | £2 |
| 2026-09-17 | Purchase | Richard Jeffery73 shares | £1 |
| 2026-08-27 | Exercise | Emma Salthouse53,572 shares | £1 |
| 2026-08-27 | Sale | Emma Salthouse25,269 shares | £480 |
| 2026-08-17 | Purchase | Richard Jeffery72 shares | £2 |
| 2026-07-27 | Award | Emma Salthouse14,196 shares | £0 |
| 2026-07-27 | Award | Richard Jeffery18,571 shares | £0 |
| Backdrop | |||
| UK macro regime | recovery | UK cycle classification: recovery (91% confidence). | See macro indicators → |
Tone deteriorating across multiple channels — flagged decliner in AIM.
3 of 4 channels in agreement
Tone has been deteriorating.
most recent 2026-10-12 · 9 statements in last 180d
Not flagged for distress.
RNS language is not unusually promotional.
Narrative consistent with historical baseline.
Next results expected in 32 days (2026-11-24). Model leans ahead of consensus.
31% below · 30% inline · 39% ahead · 39% model confidence · calendar announced
Canaccord Genuitybuy
Canaccord GenuityBuy
Richard Jeffery139 shares
Richard Jeffery73 shares
Emma Salthouse53,572 shares
Emma Salthouse25,269 shares
Richard Jeffery72 shares
Emma Salthouse14,196 shares
Richard Jeffery18,571 shares
Flagged for tone decliner today. Tone trajectory is deteriorating (ahead → ahead → below → below); last update 2026-10-12. Next results expected in 32 days (2026-11-24); the earnings model leans ahead (39% confidence). Macro backdrop: recovery.
| Signal / Date | Status | Detail | Indicator |
|---|---|---|---|
| Composite signals | |||
| Multi-channel | Decliner flagged | Tone deteriorating across multiple channels — flagged decliner in AIM. 3 of 4 channels in agreement | tone -85.0 · broker -66.7 · director -9.5 · sector 21.0 |
| Tone trajectory | deteriorating | Tone has been deteriorating. most recent 2026-10-12 · 9 statements in last 180d | |
| Distress | Not flagged | Not flagged for distress. | |
| Promotional language | Not flagged | RNS language is not unusually promotional. | |
| Narrative drift | Stable | Narrative consistent with historical baseline. | |
| Forward catalyst | |||
| Upcoming results | Predicted ahead | Next results expected in 32 days (2026-11-24). Model leans ahead of consensus. 31% below · 30% inline · 39% ahead · 39% model confidence · calendar announced | |
| Broker actions — last 90 days (2) | |||
| 2026-10-12 | target_cut | Canaccord Genuitybuy | 300p(was 355) |
| 2026-10-12 | reiteration | Canaccord GenuityBuy | 300p(was 355) |
| Director deals — last 90 days (7; 3 purchases / 1 sale) | |||
| 2026-10-16 | Purchase | Richard Jeffery139 shares | £2 |
| 2026-09-17 | Purchase | Richard Jeffery73 shares | £1 |
| 2026-08-27 | Exercise | Emma Salthouse53,572 shares | £1 |
| 2026-08-27 | Sale | Emma Salthouse25,269 shares | £480 |
| 2026-08-17 | Purchase | Richard Jeffery72 shares | £2 |
| 2026-07-27 | Award | Emma Salthouse14,196 shares | £0 |
| 2026-07-27 | Award | Richard Jeffery18,571 shares | £0 |
| Backdrop | |||
| UK macro regime | recovery | UK cycle classification: recovery (91% confidence). | See macro indicators → |
Tone deteriorating across multiple channels — flagged decliner in AIM.
3 of 4 channels in agreement
Tone has been deteriorating.
most recent 2026-10-12 · 9 statements in last 180d
Not flagged for distress.
RNS language is not unusually promotional.
Narrative consistent with historical baseline.
Next results expected in 32 days (2026-11-24). Model leans ahead of consensus.
31% below · 30% inline · 39% ahead · 39% model confidence · calendar announced
Canaccord Genuitybuy
Canaccord GenuityBuy
Richard Jeffery139 shares
Richard Jeffery73 shares
Emma Salthouse53,572 shares
Emma Salthouse25,269 shares
Richard Jeffery72 shares
Emma Salthouse14,196 shares
Richard Jeffery18,571 shares