Morning Brief – 8-Aug-2018

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Morning Brief Images 8-Aug-2018

UK Stock Market News Today – 8-Aug-2018

Morning all!

Morgan Sindall (MGNS) – 1426p – £614.0m – PER 9.66

Interim Results For The 6 Months To End June 2018 – Revenue up 9% with Reported PBT and EPS up 30% – The Interim Dividend is up 19%. On track to deliver FY slightly ahead of previous expectations.

I cover this to keep track of my personal notes as I bought here when this was below £500m Market Cap. I hold and, based on this update, I will continue to do so.

Share (SHRE) – 26p – £37.3m – PER 51.0

Interim Results For The 6 Months To End June 2018 – Revenues up, costs up, loss made.

I remain Neutral.

Stock Spirits (STCK) – 207.5p – £414.0m – PER 13.0

Interim Results For The 6 Months To End June 2018 – Revenue up 5.3%, PAT up 8.6%, EPS up 9.1% and the Interim Dividend is up 5%. Well positioned for further growth.

I remain Neutral.

SCS (SCS) – 214.5p – £86.4m – PER 8.88

Trading Update For The 12 Months To 28th July 2018 – In-line but expecting trading to remain challenging.

The yield remains attractive but still not enough to move me from Neutral here.

TT Electronics (TTG) – 220p – £358.7m – PER 14.3

Interim Results For The 6 Months To End June 2018 – Revenue up 12%, Underlying Operating Profit up 45% and the Interim Dividend is up 11%. Confident of progress for the FY ahead of prior expectations.

Still quite like this but can’t get past being Neutral at the moment.

As always, all comment most welcome!

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