Humberts profits warning

02 November 2007

Humberts, the acquisitive AIM-listed estate agency backed by Vincent Tchenguiz, issued a profit warning on Tuesday, sending its shares plummeting.The company’s stock fell 18% to 39p, as its broker, Panmure Gordon, downgraded its profit forecast and its share price target from 79p to 49p.‘In September, the advent of the Northern ...

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