Daily Stock Market Report (Mon 10 Feb 2025) - LIFS, SYME, FTC, PRV, BP., LIKE, ZIN

Good morning! Let's  see what's in store for us today.

Companies Reporting
Name (Mkt Cap)RNSSummaryOur view (Author)BP (LON:BP.) (£69bn)NoneNoted activist investor Elliott Management has built a stake in BP, according to press reports.AMBER/GREEN (Roland)BP shares rose by 8% this morning on news of Elliott’s interest. The US investor reportedly believes BP is undervalued. I am inclined to agree and highlight the stock’s discount to peers.Porvair (LON:PRV) (£316m)Final ResultsRevenue +9% to £192.6m, op profit +8% to £22.8m. Trading mixed, 2025 outlook optimistic.AMBER/GREEN (Graham)Not too much has changed since my last review. Underlying sales growth is now positive and a new CEO will take charge in 2025. A nice company, valuation somewhat full.Filtronic (LON:FTC) (£203m)Further contract win with SpaceX£16.8m contract for FY25 and FY26. Both years now expected to exceed current market exps.AMBER (Roland)This appears to be a relatively modest upgrade to existing forecasts. While I admire progress here, I continue to think the share price is largely up with events.Likewise (LON:LIKE) (£48m)TU amp; Acquisition of Logistics CentrePositive start to 2025, revenue +8.4%. £1.2m acquisition near Plymouth completes UK coverage.