UK Stock Market News Today – 18-Apr-2019
D4t4 Solutions (D4T4) – 278p – £109m – PER 21
Trading Update For The 12 Months To End March 2019 – Revenue circa £25m, Operating Profit to be slightly ahead, Net Cash at £11m – Even, at this stage, expects 2020 FY to be in-line.
Encouraging but still looks overvalued here to me, that may change with upgrades so I will keep an eye out for those.
Trifast (TRI) – 215p – £262m – PER 14.5
Trading Update For The 12 Months To End March 2019 – Revenue growth across all regions, Underlying PBT ahead of management expectations.
This still looks overvalued to me, I remain on the sidelines until I see how much “ahead of” they actually are.
As always, all comment most welcome.
Happy Easter to all those who celebrate!