Biffa publishes Full year Results on Weds, 5 Jun.

• Last time Biffa reported: H2 Trading Update, 6 Mar.
• The shares rose as much as 8.7% for a daily range of 12.6p or 6.8% on the day.
• Currently 230p (at time of writing).
• Will we see another big share price move on Wednesday?
• Shares -6.1% from 2019 highs; +33.9% from 2019 lows; +17.5% year-to-date.
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Biffa – An Example

Let’s say you think that Biffa results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Biffa using CFDs, at the current price of 230p. To do this, you need £2,000.

For the purpose of this example, let’s assume Biffa  reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 5% below the current price. Biffa results miss, it falls 5% and hits your stop-loss. Your loss would be £500.

This is provided for information purposes only. It should not be taken as a recommendation.