UK Stock Market News Today – 20-Mar-2019
Alpha FX (AFX) – 640p – £234m – PER 26.4
Results For The 12 Months To End December 2018 – Revenue up 73%, Underlying PBT up 48% and EPS up 30% (22.7p – 21.8p reported), Final Dividend to be 4.6p. Q1 this year has started well.
An ex-holding, will keep an eye out for Broker notes as these results look pretty good. From memory I believe growth was meant to slow somewhat next year.
SDL (SDL) – 546p – £495m – PER 19.5
I reckon this is fairly priced (at best) around this level.
Ten Entertainment (TEG) – 215p – £140m – PER 10.6
Results For The 12 Months To 30th December 2018 – Revenue up 7.5%, Adjusted PBT up 4% with Adjusted EPS of 16.6p which looks like a slight miss to me. Dividend seems to be up more than expected (as a sweetener I guess!). Net Debt at £4.2m (£0.4m last time).
I am Long here but will be keeping an eye on that this morning.
As always, all comment most welcome!