UK Stock Market News Today – 7-Mar-2019
1Spatial (SPA) – 33p – £32.6m – PER 66.7
Trading Update For The 12 Months To End January 2019 – FY to be at least in-line with Cash at £6.4m. Looking forward to higher levels of profitable growth.
Will keep an eye out for actuals.
Alfa Financial Software (ALFA) – 123p – £370m – PER 19.7
Results For The 12 Months To End December 2018 – States improved Revenue but I see an IFRS decline of -16% as well as an EPS decline of -45%.
My first coverage but there’s enough here to put me off for now.
Gresham House (GHE) – 446p – £111m – PER 16
Results For The 12 Months To End December 2018 – AUM up 250%, Adjusted Operating Profit of £3m (-£0.7m Loss last time), Maiden Dividend of 3p.
Nice to see a Profit (for the first time since 2012) and a Maiden Dividend (albeit <1%). Not enough to tempt me yet but will keep an eye out for progress here.
Quiz (QUIZ) – 32p – £40m – PER 9.2
Trading Update – Things do not seem to be improving.
Still not cheap enough for me to take any more interest at the moment.
As always, all comment most welcome!