Coronavirus impact: 22 July – another good day for former Woodford stocks
Investors trapped in Neil Woodford's former fund who missed out on the soaring share price of Synairgen, a former Woodford stock, look set to lose out again as some of his other punts start to recover
GYG: a much better yearGYG (LON: GYG), the superyacht painting, maintenance and supply company, announced encouraging results for the year ending 31 December 2019, with the group moving back into profit after a terrible 2018. Revenue increased 41.8% to €63.8m with the operating profit €1.3m compared to the prior year’s loss of €4.3m. It secured six major contract wins in the new build sector during the year and generated €11.2m of new build revenue, compared to €3.7m in the prior year. The total order book at 30 June was €42.7m offering a good degree of visibility, although they need to achieve…