UK Stock Market News Today – 28-Oct-2019
Cerillion (CER) – 188p – £56m – PER 17
Trading Update For The 12 Months To End September 2019 – Expects FY to be in-line with Revenue up 8% and Adjusted EBITDA up 14%, Net Cash to be £5m, ahead of expectations.
Looks fairly priced to me, at best.
Photo-Me International (PHTM) – 89p – £338m – PER 10
Trading Update For The 5 Months To End September 2019 – In-line and FY should be in-line despite uncertainty.
Tempting for the yield but not enough here for me at present, would like to have seen an update on the Net Cash position here.
Water Intelligence (WATR) – 266p – £45m – PER 22
Q3 Trading Update (YTD) – Ahead on Revenue, comfortably in-line with PBT, demand strong, accelerating growth.
This is quite encouraging, could well be tempted back in here, it’s on the Watchlist for now.
As always, all comment most welcome!