Morning Brief – 17-Dec-2018

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Morning Brief Images 17-Dec-2018

UK Stock Market News Today – 17-Dec-2018

Morning all!

K3 Business Technology (KBT) – 226p – £97.1m – PER 21.9

Trading Update For The 12 Months To End November 2018 – Expects FY to be slightly ahead of market expectations with Net Debt down from £4.3m to £0.7m.

This is looking much more interesting now and it’s on my Watchlist.

Safestyle UK (SFE) – 81.5p – £67.5m – PER 19.8

Trading Update – LBT of circa -£8.5m expected. Expects 2019 to be ahead of current market expectations.

I would rather utilise funds elsewhere for a year while (even Bitcoin, sorry, I mean Cash) waiting to see how this turns out – Remains on my Avoid list for now.

As always, all comment most welcome!

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