I Read The News Today Oh Boy! 1-Oct-2018

Monday, Oct 01 2018 by

Morning all!

Iomart ( iomart (LON:IOM) ) – 433.5p – £469.17m – PER 20.6

Trading Update For The 6 Months To End September 2018 – In-line with Revenue and Profit expected to be well ahead of the comparative period last year.

Quite a lot to like here, I am going to add it to my Watchlist for a little more research.

Renew Holdings ( Renew Holdings (LON:RNWH) ) – 392p – £295m – PER 10.0

Trading Update For The 12 Months To End September 2018 – In-line.

I can’t get excited here, looks about fairly priced to me – I remain Neutral.

As always, all comment most welcome!

Unlock this article instantly by logging into your account

Don’t have an account? Register for free and we’ll get out your way


As per our Terms of Use, Stockopedia is a financial news & data site, discussion forum and content aggregator. Our site should be used for educational & informational purposes only. We do not provide investment advice, recommendations or views as to whether an investment or strategy is suited to the investment needs of a specific individual. You should make your own decisions and seek independent professional advice before doing so. The author may own shares in any companies discussed, all opinions are his/her own & are general/impersonal. Remember: Shares can go down as well as up. Past performance is not a guide to future performance & investors may not get back the amount invested.

Do you like this Post?
10 thumbs up
1 thumb down
Share this post with friends

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
Mkt Cap (£m)
P/E (fwd)
Yield (fwd)

Renew Holdings plc operates as a contractor in engineering services and specialist building. The Company's activities are carried out in the United Kingdom with some development activities in the United States. The Company's segments include Engineering Services, which comprises the engineering activities, which are characterized by the use of the Company's engineering workforce, supplemented by specialist subcontractors where appropriate, in a range of civil, mechanical and electrical engineering applications and; Specialist Building, which comprises the building activities, which are characterized by the use of a supply chain of subcontractors to carry out building works under the control of the Company as principal contractor, and Central activities, which include the sale of land for development, the leasing and sub-leasing of some United Kingdom properties and the provision of central services to the operating subsidiaries. more »

LSE Price
Mkt Cap (£m)
P/E (fwd)
Yield (fwd)

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

2 Posts on this Thread show/hide all

MrContrarian 1st Oct '18 1 of 2

My morning smallcap tweet: Peter Pollock kicked in the, er, kicked upstairs.

Eckoh (LON:ECK), Trakm8 Holdings (LON:TRAK), EPE Special Opportunities (LON:ESO), Imaginatik (LON:IMTK), LPA (LON:LPA), Wey Education (LON:WEY)

Eckoh (ECK) wins two-year US contract worth $7.4m to provide secure payment solutions.
Trakm8 (TRAK) wins 3 year contract extension for 2000 vehicles at first and 10,000 and 15,000 vehicles over the lifetime of the contract.
EPE Special Opps (ESO) sells investment in Process Components Limited for £13.6m. NAV gain of 11.16p/sh to 216.3p.
Imaginatik (IMTK) financial performance has improved. Talks to appoint new nomad. Talk is cheap. "Several existing and new potential investors have approached the Company since the announcement on 26 September with interest and proposals. Since the management changes at the start of June, the immediate focus of the new team has been for the business to become self-funding as soon as possible and this continues to be the aim." Cap now only £740k.
LPA Group (LPA) CEO Peter Pollock kicked upstairs. Paul Curtis [internal appointement] becomes Chief Operating Officer and will become CEO in due course, at which point Peter will move to Non-Executive status.
Wey Education (WEY) JV setup in China delayed and is not expected to have any material effect on revenues or profits in this FY. FY has encouraging start.

| Link | Share
andrea34l 1st Oct '18 2 of 2

I held Renew Holdings (LON:RNWH) once and made a smallish loss after a poor update (the price is still lower today than what I sold it for, which shows poor momentum). This update is rather mixed, and doesn't make me feel like I want to become interested again.

Computacenter (LON:CCC) announce the acquisition of Fusionstorm in the US for $70m plus possible $20m further consideration. For the year ended 31 December 2017, FusionStorm reported profit before tax of USD 3.9 million on turnover of USD 595.5 million and had gross assets of USD 225.0 million. Significant synergies seen. Probably too big for you to consider...

A fairly quiet Monday...

| Link | Share

Please subscribe to submit a comment

Stock Picking Tutorial Centre

Let’s get you setup so you get the most out of our service
Done, Let's add some stocks
Brilliant - You've created a folio! Now let's add some stocks to it.

  • Apple (AAPL)

  • Shell (RDSA)

  • Twitter (TWTR)

  • Volkswagon AG (VOK)

  • McDonalds (MCD)

  • Vodafone (VOD)

  • Barratt Homes (BDEV)

  • Microsoft (MSFT)

  • Tesco (TSCO)
Save and show me my analysis