UK Stock Market News Today – 17-Dec-2018
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!