Multiple signals firing — flagged for distress, pre-raise. Worth a closer look. ( → → → ); last update 2026-02-17. Macro backdrop: recovery.
⌘K
Multiple signals firing — flagged for distress, pre-raise. Worth a closer look. ( → → → ); last update 2026-02-17. Macro backdrop: recovery.
| Signal / Date | Status | Detail | Indicator |
|---|---|---|---|
| Composite signals | |||
| Multi-channel | Not flagged | Mixed signals — not flagged on either side. 2 of 4 channels active. 1 of 2 channels in agreement | tone 0.0 · broker -66.7 · director — · sector 25.5 |
| Tone trajectory | available | Tone trajectory available. most recent 2026-02-17 · 3 statements in last 180d | |
| Distress | Flagged | Distress flagged. What's firing: likely. Archetype: distressed_microcap. negative equity | |
| Pre-raise | Flagged | Active hype-language pattern — historically precedes equity raises (1.32× baseline). Hype-language density 0.0 per 1k words across recent disclosures. RNS cadence alone isn't a signal — buybacks and routine reporting can dominate; this measures language patterns, not announcement count. 12.8 RNS/month | |
| Narrative drift | Stable | Narrative consistent with historical baseline. | |
| Broker actions — last 90 days (3) | |||
| 2026-05-05 | reiteration | UBSneutral | GBX 150 |
| 2026-03-30 | reiteration | JefferiesBuy | 160p |
| 2026-03-30 | target_cut | BARCLAYSow | 15400p(was 15600) |
| Director deals — last 90 days (16; 1 purchase / 3 sales) | |||
| 2026-03-04 | Purchase | Nicholas Cadbury800 shares | — |
| 2026-03-04 | Sale | Jolie Fleming4,608 shares | — |
| 2026-03-03 | Award | Elie Maalouf5,271 shares | £0 |
| 2026-03-03 | Award | Michael Glover2,653 shares | £0 |
| 2026-03-03 | Award | Daniel Aylmer1,535 shares | £0 |
| 2026-03-03 | Award | Heather Balsley1,526 shares | £0 |
| 2026-03-03 | Award | Jolyon Bulley1,900 shares | £0 |
| 2026-03-03 | Award | Yasmin Diamond1,314 shares | £0 |
| 2026-03-03 | Award | Jolie Fleming1,364 shares | £0 |
| 2026-03-03 | Award | Nicolette Henfrey1,480 shares | £0 |
| 2026-03-03 | Award | Tejas Katre665 shares | £0 |
| 2026-03-03 | Award | Kenneth Macpherson1,618 shares | £0 |
| 2026-03-03 | Award | Tejas Katre1,199 shares | £0 |
| 2026-03-03 | Award | Tejas Katre2,398 shares | £0 |
| 2026-02-27 | Sale | Heather Balsley857 shares | — |
| 2026-02-18 | Sale | Heather Balsley6,117 shares | — |
| Backdrop | |||
| UK macro regime | recovery | UK cycle classification: recovery (78% confidence). | See macro indicators → |
Mixed signals — not flagged on either side. 2 of 4 channels active.
1 of 2 channels in agreement
Tone trajectory available.
most recent 2026-02-17 · 3 statements in last 180d
Distress flagged.
What's firing: likely. Archetype: distressed_microcap.
Active hype-language pattern — historically precedes equity raises (1.32× baseline).
Hype-language density 0.0 per 1k words across recent disclosures. RNS cadence alone isn't a signal — buybacks and routine reporting can dominate; this measures language patterns, not announcement count.
Narrative consistent with historical baseline.
UBSneutral
JefferiesBuy
BARCLAYSow
Nicholas Cadbury800 shares
Jolie Fleming4,608 shares
Elie Maalouf5,271 shares
Michael Glover2,653 shares
Daniel Aylmer1,535 shares
Heather Balsley1,526 shares
Jolyon Bulley1,900 shares
Yasmin Diamond1,314 shares
Jolie Fleming1,364 shares
Nicolette Henfrey1,480 shares
Tejas Katre665 shares
Kenneth Macpherson1,618 shares
Tejas Katre1,199 shares
Tejas Katre2,398 shares
Heather Balsley857 shares
Heather Balsley6,117 shares
Multiple signals firing — flagged for distress, pre-raise. Worth a closer look. ( → → → ); last update 2026-02-17. Macro backdrop: recovery.
| Signal / Date | Status | Detail | Indicator |
|---|---|---|---|
| Composite signals | |||
| Multi-channel | Not flagged | Mixed signals — not flagged on either side. 2 of 4 channels active. 1 of 2 channels in agreement | tone 0.0 · broker -66.7 · director — · sector 25.5 |
| Tone trajectory | available | Tone trajectory available. most recent 2026-02-17 · 3 statements in last 180d | |
| Distress | Flagged | Distress flagged. What's firing: likely. Archetype: distressed_microcap. negative equity | |
| Pre-raise | Flagged | Active hype-language pattern — historically precedes equity raises (1.32× baseline). Hype-language density 0.0 per 1k words across recent disclosures. RNS cadence alone isn't a signal — buybacks and routine reporting can dominate; this measures language patterns, not announcement count. 12.8 RNS/month | |
| Narrative drift | Stable | Narrative consistent with historical baseline. | |
| Broker actions — last 90 days (3) | |||
| 2026-05-05 | reiteration | UBSneutral | GBX 150 |
| 2026-03-30 | reiteration | JefferiesBuy | 160p |
| 2026-03-30 | target_cut | BARCLAYSow | 15400p(was 15600) |
| Director deals — last 90 days (16; 1 purchase / 3 sales) | |||
| 2026-03-04 | Purchase | Nicholas Cadbury800 shares | — |
| 2026-03-04 | Sale | Jolie Fleming4,608 shares | — |
| 2026-03-03 | Award | Elie Maalouf5,271 shares | £0 |
| 2026-03-03 | Award | Michael Glover2,653 shares | £0 |
| 2026-03-03 | Award | Daniel Aylmer1,535 shares | £0 |
| 2026-03-03 | Award | Heather Balsley1,526 shares | £0 |
| 2026-03-03 | Award | Jolyon Bulley1,900 shares | £0 |
| 2026-03-03 | Award | Yasmin Diamond1,314 shares | £0 |
| 2026-03-03 | Award | Jolie Fleming1,364 shares | £0 |
| 2026-03-03 | Award | Nicolette Henfrey1,480 shares | £0 |
| 2026-03-03 | Award | Tejas Katre665 shares | £0 |
| 2026-03-03 | Award | Kenneth Macpherson1,618 shares | £0 |
| 2026-03-03 | Award | Tejas Katre1,199 shares | £0 |
| 2026-03-03 | Award | Tejas Katre2,398 shares | £0 |
| 2026-02-27 | Sale | Heather Balsley857 shares | — |
| 2026-02-18 | Sale | Heather Balsley6,117 shares | — |
| Backdrop | |||
| UK macro regime | recovery | UK cycle classification: recovery (78% confidence). | See macro indicators → |
Mixed signals — not flagged on either side. 2 of 4 channels active.
1 of 2 channels in agreement
Tone trajectory available.
most recent 2026-02-17 · 3 statements in last 180d
Distress flagged.
What's firing: likely. Archetype: distressed_microcap.
Active hype-language pattern — historically precedes equity raises (1.32× baseline).
Hype-language density 0.0 per 1k words across recent disclosures. RNS cadence alone isn't a signal — buybacks and routine reporting can dominate; this measures language patterns, not announcement count.
Narrative consistent with historical baseline.
UBSneutral
JefferiesBuy
BARCLAYSow
Nicholas Cadbury800 shares
Jolie Fleming4,608 shares
Elie Maalouf5,271 shares
Michael Glover2,653 shares
Daniel Aylmer1,535 shares
Heather Balsley1,526 shares
Jolyon Bulley1,900 shares
Yasmin Diamond1,314 shares
Jolie Fleming1,364 shares
Nicolette Henfrey1,480 shares
Tejas Katre665 shares
Kenneth Macpherson1,618 shares
Tejas Katre1,199 shares
Tejas Katre2,398 shares
Heather Balsley857 shares
Heather Balsley6,117 shares