Morning Brief – 3-May-2019

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Morning Brief Images 3-May-2019

UK Stock Market News Today – 3-May-2019

Morning all!

Numis (NUM) – 265p – £282m – PER 11.5

Interim Results For The 6 Months To End March 2019 – Challenging market backdrop, Revenues down -24% (LFL but 3% higher than 2018 H2), the Dividend is maintained at 5.5p (also £7.5m of share buy-backs in past 6 months).

Remains too “lumpy” for me to invest in – For this reason I am going to put this on my Avoid list and cease coverage as I cannot see myself ever investing here in the future.

Symphony Environmental Technologies (SYM) – 6.6p – £10.2m – PER 14.8

AGM Statement – Confident of meeting FY expectations with significant growth expected in H2.

Only covering this as it had a £53.1m Market Cap last time I covered it. I will now cease coverage until I see it above £30m again, which could perhaps be never!

Happy long weekend to all (who live in a part of the world where Monday is a Public Holiday) – Back on Tuesday.

As always, all comment most welcome!

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