UK Stock Market News Today – 8-Jan-2019
Joules (JOUL) – 245p – £215m – PER 16.3
Trading Update For The 7 Weeks To 6th January 2019 – Expects FY to be in-line.
I considered that there may well be value here at 207p. That remains the case at 245p if you have faith in the sector and the potential effects of the Brexit result.
Carr’s (CARR) – 160p – £147m – PER 11
Trading Update For The 18 Weeks To 5th January 2019 – Started In-line.
I remain on the side-lines.
Footasylum (FOOT) – 32.5p – £34m – PER n/a
Trading Update For The 18 Weeks To 29th December 2018 – Revenue growth in-line, margins down, covenents mentioned!
I’m staying well away from this for now.
Gateley (GTLY) – 131p – £145m – PER 10.2
Interim Results or The 6 Months To End October 2018 – Revenue up 20%, PBT up 18.6%, Basic EPS up 13.5%. FY to be in-line with market forecasts.
Was waiting to see the actuals here, it’s going on the Watchlist for further research now.
Staffline (STAF) – 1250p – £349m – PER 10
Trading Update For The 12 Months To End December 2018 – Expected to be in-line but Net Debt has almost doubled here (from £36m to £63m).
Attractions here but just not enough for me – Still wary of the sector.
As always, all comment most welcome!
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