Morning Brief – 7-Feb-2019

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Morning Brief Images 7-Feb-2019

UK Stock Market News Today – 7-Feb-2019

Morning all!

Gattaca (GATC) – 111p – £35m – PER 4.6

Trading Update For The 6 Months To End January 2019 – Net fees up 2% with Net Debt down from £36m to £29m – FY in-line.

In this environment that Net Debt (coupled with pedestrian growth (reflected in the PER)) means I will be keeping this on my Avoid list for now.

On The Beach (OTB) – 440p – £577m – PER 16.7

AGM Trading Update For The 4 Months To End January 2019 – In-line with Revenue up 20%+.

This looks encouraging enough (30%+ off it’s 52 Week High), I will keep an eye out for Broker updates here.

Superdry (SDRY) – 508p – £416m – PER 8

Q3 Trading Update – In-line.

1st coverage here and need to do a little more research (almost 50% off it’s 52 Week High) although not much tempted to the retail sector at present.

As always, all comment most welcome!

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