UK Stock Market News Today – 1-Feb-2019
CML Microsystems (CML) – 433p – £74m – PER 16.5
Trading Update – Expects FY Revenue and PBT to be materially below current market expectations (Revenue -12%) – Lots of reasons given.
I have to remain on the side-lines here for now.
Nasstar (NASA) – 12p – £68m – PER 23.9
Trading Update For The 12 Months To End December 2018 – Revenue slightly ahead, EBITDA and Net Cash in-line. 2020 expectations underpinned by new project due to go live in Q4 2019.
Would like to actuals here (real Profits perhaps) before making any investment decision – That looks like a wait until end April this year!
As always, all comment most welcome!