UK Stock Market News Today – 19-Dec-2018
Begbies Traynor (BEG) – 68.8p – £76.0m – PER 14.9
Interim Results For The 6 Months To End October 2018 – Well placed to deliver upon current FY market expectations (due to a H2 weighting). Revenue up about 8%, PBT down from £1m to £0.6m with Basic Fully Diluted EPS 0.1p (0.3p last time), the Interim Dividend is up 14%.
Still find this a little bit of a strange one to analyse. This years Profits and EPS (according to Stockopedia) are expected to at least double yet this update just mentions they “anticipate a further year of increased revenue and earnings”. Although there’s quite a lot to like something just seems wrong here – I have to sit on the sidelines for now.
As always, all comment most welcome!