UK Stock Market News Today – 27-Aug-2019
Clipper Logistics (CLG) – 225p – £229m – PER 11.5
Trading Update For The 12 Months To End April 2019 – FY Revenue to be slightly ahead of current market expectations but under IFRS3 FY EBIT will be moderately below market expectations but will be uplifted in 2020.
Fairly valued here, perhaps. Perhaps one to consider for the yield (of 4%+).
As always, all comment most welcome!