Morning Brief – 24-Oct-2018

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Morning Brief Images 24-Oct-2018

UK Stock Market News Today – 24-Oct-2018

Morning all!

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!

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