UK Stock Market News Today – 18-May-2018
Eurocell (ECEL) – 234p – £234.3m – PER 10.4
AGM Statement – Positive start to 2018 in-line, as expected to be greater in H2.
Not exactly inspiring, certainly not inspiring enough to change me from being Neutral here.
T Clarke (CTO) – 80.9p – £33.8m – PER 5.97
AGM Statement – Excellent start to the year, good order book – In-line.
This is tempting but I just don’t see real strong growth potential here at present, I remain Neutral.
S&U (SUS) – 2760p – £331.2m – PER 11.1
AGM Statement – Looks like general all round progress to date of about 20% or so.
I keep missing out from gains in this sector (automobile) as I am wary of the sector. Here we have a PER of about 10 for a company growing (steadily) at about 20% per annum. This was on my Watchlist at 2000p (I will up that to 2500p now) although I do believe it may be worth paying up here – Perhaps!
As always, all comment most welcome!