Morning Brief – 14-Jan-2019

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Morning Brief Images 14-Jan-2019

UK Stock Market News Today – 14-Jan-2019

Morning all!

Avingtrans (AVG) – 188p – £58m – PER 15.3

Trading Update For H1 – In-line with market expectations.

I will keep an eye out for actuals here and hopefully profitability.

Boku Inc (BOKU) – 82p – £184m – PER 139.2

Trading Update For The 12 Months To End December 2018 – Revenue to be up at least 40%, EBITDA to be at least in-line.

Well, no choice other than to wait to see the actuals!

Michelmersh Brick Holdings (MBH) – 76p – £66m – PER 9.8

Trading Update For The 12 Months To End December 2018 – Revenue and Profit to be in-line, Net Debt below forecasts.

I remain on the side-lines as the last forecasts I checked were for negative EPS growth in 2019E.

Restore (RST) – 387p – £480m – PER 13.1

Trading Update For The 12 Months To End December 2018 – Broadly in-line, 9th successive year of double digit growth in earnings.

This is a new one for me and actually looks OK – Will have a look into this a little bit more this week.

Revolution Bars Group (RBG) – 122p – £61m – PER 9.1

Trading Update For The 26 Weeks To 29th December 2018 – Revenue up 6.4% (LFL -4%), the festive season was up 2.6%. Caution regarding economic and political outlook.

Still guilty of holding here on potential take-over talks – Close to the Sell button!

XP Power (XPP) – 2240p – £431m – PER 11.8

Trading Update For The 12 Months To End December 2018 – FY to be in-line.

First coverage – Looks about fairly priced at this level though.

As always, all comment most welcome!

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