UK Stock Market News Today – 17-Jun-2019
Fairfx (FFX) – 110p – £180.7m – PER 14.9
AGM Statement – 2018 a year of significant growth, 2019 strong YTD, expects FY to be in-line with market expectations.
Still Long here and if (at least) in-line continues, I see no reason to sell assuming the market is in material disagreement!
Premier Technical Services (PTSG) – 95p – £120m – PER 6.7
AGM Statement – “Working capital utilisation, margin and profit levels are in line with the Board’s expectations” – “This underscores our confidence in achieving a successful full year result in 2019”.
I believe there are still some FCA issues lingering here plus the Debtor days and Debt levels are high – Not for me.
As always, all comment most welcome!