Morning Brief – 28-Jan-2019

0
7222
Morning Brief Images 28-Jan-2019

UK Stock Market News Today – 28-Jan-2019

Morning all!

Maintel Holdings (MAI) – 423p – £60m – PER 4.6

Trading Update For The 12 Months To End December 2018 – Comfortably in-line, EBITDA to be at the top end of expectations announced in November, Net Debt at £25.5m. Confident of delivering Revenue, EBITDA and Dividend growth in 2019.

This looks pretty good but the Net Debt is rsther high and there’s no mention of real profit – A case of waiting to see those actuals.

Minds Machines (MMX) – 5.7p – £52.7m – PER 15.4

Trading Update For The 12 Months To End December 2018 – Lots of talk with EBITDA expected to be marginally ahead of expectations.

I will wait to see results here as I have little idea what this update is trying to tell me.

Porvair (PRV) – 452p – £206m – PER 20

Results For The 12 Months To End November 2018 – Record Revenue of £128.8m (up 11%), Record PBT of £12m (up 2% or so), Adjusted EPS and the Dividend also up 11%. Outlook seems healthy.

I still don’t see a reason to be interested here whilst that PER is almost double the growth rate.

SThree (STHR) – 272p – £356m – PER 8.5

Results For The 12 Months To End November 2018 – Ahead of expectations, Revenue up 13%, PBT and Basic EPS up 20%, Total Dividend up 4%.

This remains tempting enough, for the yield (5%+). However, the recruitment sector is not one I have a conviction for at present, if it was I would probably be involved here.

TT Electronics (TTG) – 197p – £322m – PER 11.2

Updated Offer Of Intention (for Stadium Group) And Trading Update – Reasons for updated offer of intention is to enhance the collective operation and service. Trading to end December in-line.

I will have a closer look at this next time I see some results and the how those enhancements pay off.

As always, all comment most welcome!

Advertisement
PPPR Session Banner