UK Stock Market News Today – 30-Jan-2018
Sprue Aegis (SPRP) – 207p – £95.0m – PER 17.3
Trading Update For The 12 Months To End December 2017 – In-line and expecting 2018 to be atransformational year.
Seems like it’s turned a corner but for now I will not be getting involved.
YouGov (YOU) – 331.5p – £349.1m – PER 25.8
Trading Update For The 6 Months To End January 2018 – Expected to be ahead of previous expectations and confident of achieving full year targets.
I keep avoiding this one and although this sounds good and the forecasts look good – I still can’t bring myself to be more interested. I think my bias has mainly been affected by the accounting warnings by many respected contributors on Stockopedia. It’s just something I cannot ignore. I also note the CFO was changed in December 2017 too.
Cambian (CMBN) – 193.8p – £357.0m – PER 30.9
Trading Update For The 12 Months To End December 2017 – In-line with Net Cash of £82m (ahead of managements expectations). £15m Special Dvidiend (8.2p per share), ex-date 8 February 2018. This follows a £50m Special Dividend last year. January 2018 trading is in-line.
Apart from the Special Dividends I can’t find anything else to interest me here at present.
A great day all!