Morning All!

Hollywood Bowl ( Hollywood Bowl (LON:BOWL) ) – 190p – £285.0m – PER 15.5

Final Results For The 12 Months To End September 2017 – Headline “Strong Revenue and Profit growth”. Including acquisitions Revenue is up 8.8% to £114.0m and PBT is £21.1m, up from £2.6m, EPS is 12.17p. Net Debt is down from £20.8m to £8.1m and the Dividends for the year amount to about 9p per share. Outlook is in-line.

Still on my Watchlist. The 160p level (which has been seen a number of times in the past) is more tempting - Although perhaps we will not see it again now unless there's a serious market correction. Anyway, there's just not enough here to make me want to pay up.

Marlowe ( Marlowe (LON:MRL) ) – 340p – £116.9m – PER 23.4

Interim Results For The 6 Months To End September 2017 – Revenue up 104% to £36.0m, PBT up 90% to £2.4m (£1.3m last time) and EPS up 23% from 5.1p to 6.2p. “The second half of the year has started well and we remain confident of delivering a full year performance in line with market expectations”.

Having looked into this a little more I like the forecasts (they’re massively greater than any historic performance) and the fact it’s got Cash in the bank (albeit a small amount). IF the forecasts are met (and it looks like they may be based on this update) this is looking quite attractive here.

Photo-Me International ( Photo-Me International (LON:PHTM) ) – 187p – £704.7m – PER 18.3

Interim Results For The 6 Months To End October 2017 – Revenue up 10.5% to £122.2m (7.8% CC), PBT £32.9m (up 6.1% (3.1% CC)), Net Cash of £47.1m up £7.9m from 30 April 2017 and the Interim Dividend is up 20.1% to 3.71p per share. Laundry revenues up 75% to £17.3m (H1 2017: £9.9m) - Remains the primary growth driver of the Group. Continues to perform in-line.

Covered because I hold from when it was a smaller Market Cap than this. I remain a holder for now (mainly for the yield) as these results are not exactly inspiring! Wondering when the name will change to Laundry International!

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