UK Stock Market News Today – 30-Nov-2018
Earthport (EPO) – 6.19p – £38.6m – PER n/a
Results For The 12 Months To End June 2018 – Revenue up 5.3% to £31.9m with a Loss After Tax of -£8.4m (£-9.4m last time). Cash stands at £28.3m (£11.9m last time) after raising £24m in October 2017!
Still seems capable of increasing Revenue (but it (the growth rate in Revenue) is now slowing) – Apart from that there is little else of interest here for me.
STM (STM) – 57.5p – £33.9m – PER 8.93
Trading Update For The 12 Months To End December 2018 – Expecting YoY Underlying PBT growth (in-line).
This remains on my Avoid List due to this seemingly cautious update and there remains those staffing issues – I will actually cease coverage here now as it’s, for me, a waste of “ink”.
As always, all comment most welcome!