I Read The News Today Oh Boy! 1-Apr-2019

Monday, Apr 01 2019 by
15

Morning all!

Codemasters Group ( Codemasters Group (LON:CDM) ) – 238p – £333m – PER 18.7

Trading Update For The 12 Months To End March 2019 – Trading continues to be strong (anticipates Revenue of £71m and Adjusted EBITDA of £18.5m (ahead of market expectations).

Would still like to see those actuals before making any call on this quite recent IPO.

Instem ( Instem (LON:INS) ) – 306p – £49.7m – PER 19.3

Results For The 12 Months To End December 2018 – Revenue up 8% (to £22.7m), PBT £1.7m, Adjusted Fully Diluted EPS of 15.5p with Net Cash at £3.6m. Confident for 2019.

Still quite like this and still watching for a break-out above 325p, remains on the Watchlist for now.

Iomart ( iomart (LON:IOM) ) – 349p – £378m – PER 16.6

Trading Update For The 12 Months To End March 2019 – Expects Revenue of £104m (£97.7m last time) and Adjusted PBT of £25.3m (£24m last time). Confident going forward.

Expectations are not mentioned but this looks like a slight miss to me – I don't see value here at present.

Low & Bonar ( Low & Bonar (LON:LWB) ) – 17p – £117.3m – PER 6

Trading Update (For The Period Since End November 2018) – Not going so well, FY performance to be impacted, no real guidance other than Q1 Revenue is below last year and managements expectations. Every man and his dog to blame.

Remains on my Avoid list for now.

Renew Holdings ( Renew Holdings (LON:RNWH) ) – 402p – £303m – PER 10.2

Trading Update For The 6 Months To End March 2019 – In-line and expects to meet FY expectations.

Still reckon this looks fairly priced around the 400p level. 

As always, all comment most welcome!

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Codemasters Group Holdings PLC, formerly Codemasters Group Holdings Limited, is a United Kingdom-based video game developer and publisher. Through its subsidiary, The Codemasters Software Company Limited, the Company designs, develops and produces driving and racing games. The Company’s driving and racing games include DiRT, GRID, Micro Machines, ONRUSH and Formula 1 series of videogames. It produces Formula One’s range of games for the Playstation 4 console. more »

LSE Price
222.5p
Change
1.8%
Mkt Cap (£m)
305.9
P/E (fwd)
16.3
Yield (fwd)
n/a

Instem plc is a supplier of information technology (IT) applications to the early development healthcare market delivering solutions for data collection, management and analysis across the research and development continuum. The Company is engaged in Global Life Sciences operations. Its lead product suite, Provantis, is an application in the Early Development Safety Assessment (EDSA) market. The Provantis solution incorporates a suite of modules required for managing and recording EDSA studies, from receipt of the compound through to the automated assembly of statistical analyses and final reports. Its software allows scientific staff to collect, analyze and share data across the organization and externally. It also offers ALPHADAS, an early phase clinical software solution. The Company offers Centrus suite, which provides pre-built applications, as well as the ability to utilize a range of business intelligence and analysis tools. more »

LSE Price
370p
Change
 
Mkt Cap (£m)
60.3
P/E (fwd)
18.2
Yield (fwd)
n/a

iomart Group plc is a holding company. The Company is engaged in providing secure managed hosting and cloud services. The Company operates through two segments: Easyspace and Cloud Services. The Easyspace segment provides a range of shared hosting and domain registration services to micro, and small and medium-sized enterprises (SME) companies. The Cloud Services segment provides managed cloud computing facilities and services, through a network of owned datacenters, to the larger SME and corporate markets. The Cloud Services segment uses various routes to market and provides managed hosting services through iomart Hosting, RapidSwitch, Melbourne, iomart Cloud Services, Redstation, Backup Technology, ServerSpace and SystemsUp. Its products include CloudSure Hosting Solutions, Managed Services, Storage, Network and Control Panel. It provides Infrastructure as a Service platform and EMC Avamar Cloud Backup for LabVantage Solutions, Inc., a global laboratory informatics provider. more »

LSE Price
340.5p
Change
-1.0%
Mkt Cap (£m)
374.1
P/E (fwd)
16.7
Yield (fwd)
2.4



  Is LON:CDM fundamentally strong or weak? Find out More »


2 Posts on this Thread show/hide all

MrContrarian 1st Apr 1 of 2
4

My morning smallcap tweet:

Low & Bonar (LON:LWB), Codemasters Group (LON:CDM), Avingtrans (LON:AVG)

Low & Bonar (LWB) Q1 poor. "Colbond continued to experience lower market demand levels than expected, particularly in automotive and flooring segments, and increased competitive pressure in the lower margin European roofing market."
Codemasters (CDM) guides FY rev c.£71m. Adj EBITDA c.£18.5m, ahead of market expectations.
Avingtrans (AVG) wins $6m order for pumps and spare parts to nuclear reactors in the US and South Korea.

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andrewdb 1st Apr 2 of 2

Possibly a little o/t but...

I was at the UK investor show in 18 and Stocko produced a book of SRs for all the companies exhibiting there,
in one of the presentations someone said that performance figures for those stocks would be produced for the 2019 show.

Was that chart produced last weekend?



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