UK Stock Market News Today – 24-Oct-2018
Photo-Me International (PHTM) – 99.6p – £376.2m – PER 10.2
Trading Update For The 1st 5 Months Of The Financial Year – In-line, confident of returning to growth in FY 2019.
I will wait and see – I remain Neutral.
North Midland Construction (NMD) – 435p – £44.2m – PER 5.34
Trading Update – Revenue to exceed FY expectations, circa £340m – £350m with Net Margins between 1.7% and 1.8% – The Order book is up 10% on last year and trading remains buoyant.
There’s still quite a lot to like here (considering the historic Revenue and EPS CAGR rates) – It’s going on my Watchlist (just wish I could find some forecasts!).
As always, all comment most welcome!