UK Stock Market News Today – 16-Aug-2018
Filtronic (FTC) – 13.75p – £28.5m – PER 22.9
Results For The 12 Months To End May 2018 – Seems in-line.
Still below my usual £30m Market Cap cut off (only just) but just noting that I remain Neutral – Even though the SP is up 50% in the past couple of months.
Tribal Group (TRB) – 89.4p – £175.3m – PER 22.6
Unaudited Results For The 6 Months To End June 2018 – Positive H1, FY unchanged.
This was on my Watchlist at an optimistic 70p (from the days when I used to wait for retracements). As it now seems reasonably priced here, I am going Neutral.
St Ives (SIV) – Now Kin And Carta (KCT) – 95.55p – £146.5m – PER 9.10
Year End Trading Update To 3rd August 2018 – PBT to be at the upper end of expectations with a solid base going into the new financial year.
Nice update but not enough here to change my Neutral stance.
As always, all comment most welcome!