UK Stock Market News Today – 3-Jun-2019
Tatton Asset Management (TAM) – 199p – £111m – PER 15.9
Results For The 12 Months To End March 2019 – AUM up 24.5%, Revenue up 12.9% (to £17.5), EPS up 9.9% (to 10p), Total Dividend up 27.3% (to 8.4p) with Net Cash at £12.2m.
Looks OK, the issue here (with me) is the potential for outflows in a market correction – Just can’t get excited enough even with a 4%+ Yield.
As always, all comment most welcome!