UK Stock Market News Today – 7-Nov-2018
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!