The cross border financial services provider.
13-Nov-2017 – 53.5p – £31.4m – PER 10.2
On the face of it, this looks like a decent company. Stockpedia also likes it, StockRank 96. Need to keep an eye on developments here before taking any kind of action, assuming it is re-admitted.
Subsequent note – Current CEO (Mr. Kentish) is being investigated for money laundering.
25-Jul-2018 – 58.5p – £34.4m – PER 9.18
Trading Update For H1 2018 – In-line.
Seeking a new Group Internal Auditor and a COO to allow the current CEO (who I believe is Mr. Kentish and is being investigated for money laundering), also in the final stages of adding a new Chairman and Non-Exec Director – This remains on my Avoid list whilst the musical chairs continues.
11-Sep-2018 – 71p – £41.2m – PER 11.1
Interim Results For The 6 Months To End June 2018 – In-line or thereabouts.
Remains on my Avoid list as I still wary of the staffing issues.
30-Nov-2018 – 57.5p – £33.9m – PER 8.93
Trading Update For The 12 Months To End December 2018 – Expecting YoY Underlying PBT growth (in-line).
This remains on my Avoid List due to this seemingly cautious update and there remains those staffing issues – I will actually cease coverage here now as it’s, for me, a waste of “ink”.