Morning Brief – 7-Nov-2018

Morning Brief Images 7-Nov-2018

UK Stock Market News Today – 7-Nov-2018

Morning all!

Innovaderma (IDP) – 121.5p – £17.6m – PER 13.2

AGM Statement – H2 to be disproportionally higher than in previous years given the phasing of new distribution – UK retail store network grows from circa 800 (FY2017) to circa 2,400.  H1 Revenue to be similar to last year and FY expected to be circa £14m.

Always seems to report decent Revenue increases but PBT and EPS fail to follow – With no mention here, is this still the case? Remains on my Watchlist as I wait to see the fuller picture.

Fulham Shore (FUL) – 10.75p – £61.4m – PER 139.6

Trading Update – Turnover and customer numbers higher than LFL 6 1st 6 months of last year.

With no numbers at all or any mention of Profit it’s hard to do anything other than remain Neutral here for now. A quite useless update.

Lookers (LOOK) – 98.1p – £384.5m – PER 6.91

Trading Update – FY expectations unchanged.

No change to my Neutral stance here.

As always, all comment most welcome!

Research Tree Banner