I Read The News Today Oh Boy! 16-Jan-2019
Morning all!1PM ( £OPM ) – 46p – £40.3m – PER 6
Results For The 6 Months To End November 2018 – Revenue up 15%, Basic EPS up 12%, first Interim Dividend declared, well positioned for further growth.
I am Long here and this seems quite encouraging, will remain Long subject to market reaction here.
City Pub ( £CPC ) – 197p – £120m – PER 20.9
Trading Update For The 12 Months To End December 2018 – LFL up 1.6%, Revenue of £45.6m, in-line with market expectations. Opmitistic for 2019.
Still looks priced about right here.
EKF Diagnostics ( £EKF ) – 31.3p – £142m – PER 24.1
Trading Update For The 12 Months To End December 2018 – EBITDA to be comfortably ahead of market expectations with Net Cash of £9.4m (£7m last time).
I still can't see value here, will keep an eye out for Broker notes though.
Finsbury Food ( £FIF ) – 93p – £120m – PER 8.4
Trading Update For The 6 Months To End December 2018 – Revenue flat at best.
With the price down -7.5% yesterday perhaps...