Morning Brief – 18-Oct-2018

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Morning Brief Images 18-Oct-2018

UK Stock Market News Today – 18-Oct-2018

Morning all!

Tatton Asset Management (TAM) – 267p – £149.3m – PER 21.2

Trading Update For The 6 Months To End September 2018 – AUM up 16.3% and trading in-line with the Board’s FY expectations.

First coverage for me and actually popped up on my Technical screen a month or so ago. Looks interesting enough although perhaps fairly priced here. If I did not already own Miton (MGR) I may be more interested, for now it will go on my Watchlist.

Zytronic (ZYT) – 425p – £68.2m – PER 13.4

Trading Update For The 6 Months To End September 2018 – FY Revenues in-line, PBT (£4.2m – £4.5m) below market expectations.

Not sure how much of a miss this is, looks like it could be about 20% – Anyway, it’s enough for me to remain Neutral for now.

As always, all comment most welcome!

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