An independent institutional securities company whose principal activity is institutional stockbroking.
23-Mar-2018 – 115p – £63.6m – PER 12.1
Results For The 12 Months To End December 2017 – Revenues up 36% to £59.5m and PBT up 97% to £10.0m (2016: £5.1m) with Basic EPS from continuing operations up by 154% to 15.0p (2016: 5.9p). Outlook is (correctly) called as “difficult to predict”.
Looks great for those willing to accept an unpredictable market, not for me at present.
15-May-2018 – 104.5p – £57.8m – PER 6.98
Unaudited Interim Results For The 6 Months To End February 2018 – After a disappointing Q1, now more optimistic for the rest of the year outlook.
Seems like a bit of a cautious update, attractive enough but comes with a little too much risk for me.
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