Morning Brief – 6-Jul-2018

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Morning Brief Images 6-Jul-2018

UK Stock Market News Today – 6-Jul-2018

FairFX (FFX) – 114p – £177.1m – PER 16.2

Trading Update For The 6 Months To End June 2018 – In-line, LFL Turnover up 22.8%, Actual Turnover up 146.2%. Confident of achieving FY market expectations and the “substantial growth in turnover has also been achieved without reduced margins and this gives us great confidence for the prospects for 2018 and beyond”.

I hold here and if those forecasts are hit, +882% EPS in 2018 and +85.7% in 2019 I expect this to soon trade much higher (IF being the main word there). I continue to hold.

As always, all comment most welcome!

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