I Read The News Today Oh Boy! 10-Sep-2019

Tuesday, Sep 10 2019 by
7

Morning all!

Arena Events ( £ARE ) – 28p – £43m – PER 7

Interim Results For The 6 Months To End June 2019 – Satisfactory H1, H2 weighting and year end changed to March.

I don’t really like anything in this update and am finally going to cease coverage here.

Anexo ( £ANX ) – 192p – £211m – PER 11

Interim Results For The 6 Months To End June 2019 – Strong H1 growth and confident in meeting current market expectations for the FY.

Still looks quite reasonable but do not particularly like (fully understand) the nature of the business – So, it’s not for me. Actually I will now cease coverage.

Boku Inc ( £BOKU ) – 102p – £255m – PER 115

Interim Results For The 6 Months To End June 2019 – Good H2 required and perhaps expected.

I am Long here and, subject to market reaction, this update will not give me reason to change that at present. I would of course have preferred not to have a H2 weighting.

Concurrent Technologies ( £CNC ) – 63p – £46m – PER 10

Interim Results For The 6 Months To End June 2019 – Strong H1 with record Order Book, guides that it expects to deliver a successful performance for the FY.

I still see this as priced about right and would like to have seen an against expectations statement here rather than a “successful performance”.

EKF Diagnostics ( £EKF ) – 31p – £141m – PER 22

Interim Results For The 6 Months To End June 2019 – Earnings ahead of management expectations, Q3 trading in-line.

Looks like a good update but forecasts here reflect all round single digit growth this year and next so although ROCE and Operating Margin are great – Doesn’t seem like much value to me at this level.

Midwich ( £MIDW ) – 500p – £400m – PER 16

Interim Results For The 6 Months To End June 2019 – Strong H1 gives the board confidence but does not guide on FY.

Still not interested but 480p could perhaps be a bottom here.

Team17 ( £TM17 ) – 302p – £396m – PER 32

Interim Results For The 6 Months To End June 2019 – Revenue up 97%, Adjusted EBITDA up 145% and EPS up 356%, Cash at £35.8m (£16.7m). Comfortable…

Unlock this article instantly by logging into your account

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

Disclaimer:  

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?
Yes
No
7 thumbs up
0 thumbs down
Share this post with friends



TP Group plc, formerly Corac Group plc, is United Kingdom-based engineering company, which focuses on the defense and energy sectors. The Company's principal activities consists of TPG Maritime, which provides air purification equipment for submarines, including oxygen/hydrogen generation and purification, air handling and distribution systems; TPG Design and Technology, which specializes in the design and development of turbomachinery; TPG Engineering, which includes the manufacture of heat exchange equipment used in the heating and cooling of large scale industrial processes and other fabricated structures, and TPG Managed Solutions, which provides services to major organizations through prime contracting and provision of specialist resources. The Company's services include analysis, design, project control, cost engineering, prime contract management, equipment build, equipment maintenance and supply chain management. more »

LSE Price
6.87p
Change
2.6%
Mkt Cap (£m)
52.2
P/E (fwd)
10.8
Yield (fwd)
n/a

Concurrent Technologies Plc is engaged in manufacture of embedded computer products for applications in the defense, aerospace, transportation, telecommunications, scientific and industrial markets. The Company designs, manufactures, sells and supplies high-end embedded computer products (boards) primarily on processors from Intel. Its products include processor boards, switch fabric boards, transition modules, carrier boards, graphics adapters, serial adapters, storage controllers and mass storage. Its products support various operating systems, such as Windows, Linux, Solaris, QNX and VxWorks. Its geographical areas of operation are the United Kingdom, Other Europe, North America and Rest of the World. The Company sells and markets its products in the United States, various European Economic Area (EEA) countries, Israel, China, India, Japan, South Korea, Australia and Singapore. It has design facilities in Bangalore, India, and sales and support in China. more »

LSE Price
66.25p
Change
1.2%
Mkt Cap (£m)
47.6
P/E (fwd)
9.6
Yield (fwd)
3.8

EKF Diagnostics Holdings plc is engaged in developing, manufacturing and supplying of products and services into the in-vitro diagnostic (IVD) market place. The Company manufactures and sells diagnostic instruments, reagents and certain ancillary products. The Company's point-of-care range includes hemoglobin analyzers, HbA1c analyzers and glucose analyzers for use in the screening, monitoring and diagnosis of patients, as well as rapid tests for pregnancy and common infectious diseases. The Company's Central Laboratory division includes a range of products for use in both large and small laboratory facilities. Its subsidiary, EKF Life Sciences, provides bulk diagnostic enzyme manufacturing and fermentation services. EKF Life Sciences specializes in producing enzymes, including Salicylate Hydroxylase and Beta-Hydroxybutyrate Dehydrogenase. Its products include Quo-Test A1c, Biosen C-Line and Biosen S-Line, STAT-Site M B-HB analyzer, sTNFR1 biomarker test kits and Altair 240. more »

LSE Price
32.65p
Change
 
Mkt Cap (£m)
147.6
P/E (fwd)
21.9
Yield (fwd)
3.1



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


3 Posts on this Thread show/hide all

andrea34l 10th Sep 1 of 3
3

I have topped up (again) on TP (LON:TPG) after the latest results, I think it is only a matter of time before there is a serious re-rating.

I hold Midwich (LON:MIDW) and I do not consider that these are "strong" results - revenue may show a good increase, but profit uplift looks rather poor.

I no longer hold SimplyBiz (LON:SBIZ) and I feel that the low increase in eps shows how dilutive their huge acquisition was.

I would be weary of investing in Concurrent Technologies (LON:CNC) when they consider H2 may not be as good as H1.

I used to hold EKF Diagnostics Holdings (LON:EKF) but would be anxious to do so now with such mediocre growth.

| Link | Share
matylda 10th Sep 2 of 3

In reply to post #511686

Thanks Andrea, nice to see some director buying at £SBIZ at least. £EKF rating is crazy to me but, hey, each to their own.

Blog: Briefed Up
| Link | Share | 1 reply
andrea34l 10th Sep 3 of 3
1

In reply to post #511711

I have sold Midwich (LON:MIDW) after seeing the price tick down a bit.

I have exercised the curse of death on Boku Inc (LON:BOKU) and finally bought a baby-sized portion this morning after these results. To me they look extremely good, and I like the way that the payments side is part-funding the identity side. The director speak is extremely confident without being too frothy. So, as I am about to hit the 'submit' button on this comment, I am very high to see the price has suddenly jumped! There is a lot of strong buying this morning, including at 100p a 500k trade and 2 * 250k trades... which leads me to perhaps add a new criteria to my stock trading, as I am not that successful - if unsure, follow the big trades.

| 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