UK Stock Market News Today – 5-Feb-2018
A quiet one news wise today but I suspect the FTSE will be quite exciting!
Murgitroyd (MUR) – 545p – £49.0m – PER 15.8
Interim Results For The 6 Months To End November 2017 – Revenue flat at £21.6m with PBT up 13% at £1.67m (2016: £1.48m), EPS up 14% to 13.8p (2016: 12.1p). Interim dividend of 6.5p per share (2016: 5p), an increase of 30% and Cash position stands at £2.63m (30 November 2016: £1.52m).
Quite like this. Not keen on buying much at present so it’s going on my Watchlist, an optimistic 400p.
Veltyco (VLTY) – 80.6p – £60.0m – PER 10.2
Trading Update For The 12 Months To End December 2017 – Board expects FY results to be significantly ahead of market expectations with net revenues in excess of €14.5 million (2016: €6.1m) and the operating EBITDA for the full year 2017 in excess of €8 million (2016: €2.1m).
Now I wish I hadn’t sold out in December. Just generally uncomfortable with the whole Binary Options, on-line casino, betting area, etc. at the moment. Well done to those who held on.
That’s it from me for today!