Morning Brief – 20-Mar-2018

0
828
Morning Brief Images 20-Mar-2018

UK Stock Market News Today – 20-Mar-2018

Morning all!

Gym (GYM) – 257p – £329.6m – PER 27.6

Results For The 12 Months To End December 2017 – Revenue £91.4m, up 24.3% (2016: £73.5m), Adjusted EPS up to 7.4p (2016: 5.6p), statutory PBT of £9.2m (2016: £6.9m), total Dividend to be 1.20p, 1.05p last time. 2018 started strong.

Not sure this impressive growth can be sustained although that’s the thought that’s kept me on the side-lines watching a 50% rise.

Judges Scientific (JDG) – 2180p – £133.9m – PER 17.2

Preliminary Results For The 12 Months To End December 2017 – Revenues up 24.6% to a record £71.4m (2016: £57.3m), statutory Operating Profit of £5.7m and EPS 65.6p, total Dividend 32p, up16%, Cash of £10.7m, £7.9m last time.

Remains on my Watchlist at 1900p.

Mears (MER) – 365p – £378.0m – PER 10.3

Final Results For The 12 Months To End December 2017 – Don’t like the look of this, Revenue, PBT, EPS and the Order book all down on last year, circa 10% or so. Net Debt doubled (£25.8m).

Grenfell impact still being felt and still considered an unknown. I am staying away from this one for now.

NAHL (NAH) – 173.7p – £80.1m – PER 8.77

Final Results For The 12 Months To End December 2017 – In-line, flat Revenue, PBT, EPS and Dividend down (though percentage wise it’s almost 10% per year). New year in-line.

Just don’t want to invest in what this company does plus these results are not exactly inspiring.

Mincon (MCON) – 104p – £230.1m – PER 19.7

Results For The 12 Months To End December 2017 – Revenue up 28% from 76m Euro to 97m Euro with Operating Profit up 38% from 10m Euro to 14m Euro (Net Profit up 13% to 10.4m Euro). Another cash purchase this morning.

I keep avoiding buying in here for some reason or other (I think it’s the acquisitions, and there’s another one today!). Anyway, to maintain a more active eye I will add it to my Watchlist, 100p.

Blancco Technology (BLTG) – 64p – £41.0m – PER 27.4

Interim Results For The 6 Months To End December 2017 – Not the simplest of updates, I am going with it doesn’t look good.

This is going to remain on my Avoid list for now.

As always, all comment most welcome – Have a great day!

Advertisement
Stockopedia Banner