Good morning all,
Nothing appears on the wire this morning of any great significance but a couple of things did catch my eye.
Belvoir Lettings (LON:BLV), the residential lettings franchisor, has informed the market that interim results will be announced on September 10th.
http://www.investegate.co.uk/belvoir-lettings-plc--blv-/rns/notification-of-interim-results/201408140700130778P/
the company is interesting as its shares have fallen significantly recently, down 32% in the last six months and now trade close to a 12m low. Revenues from residential lettings should be pretty reliable, which would make Belvoir a stronger investment. According to Stockopedia, the forecast yield on the shares is 5.7%.
There is an encouraging trading update from YouGov (LON:YOU).
http://www.investegate.co.uk/yougov-plc--you-/rns/trading-update/201408140700060742P/
trading for the year ended 31 July 2014 is in line with the Board's expectations ... revenue growth once again outperformed the overall market research sector.
the company has a net cash position. A significant re-rating took place toward the end of 2013 and the shares now trade close to a 5 year high. Stockopedia has the shares trading on 20 times forecast earnings for 2014.
Have a great day all,
David O'Hara
Editor, AIM Prospector
