Morning all!
Alumasc ( Alumasc (LON:ALU) ) – 125.5p – £45.3m – PER 7.07
FY Results For The 12 Months To End June 2018 – Revenues £98.4m (2016/17: £104.8m) due to severe weather in Q3 and the impact of the Carillion liquidation, Underlying PBT of £6.5m (2016/17: £9.0m), Basic EPS of 12.0p (2016/17: 18.3p), Net Debt of £4.8m (2017: Net Cash of £6.1m) reflecting investment in the acquisition of Wade International and the new Timloc factory.
I retain my “staying away from this for now” stance here.
K3 Capital ( £K3C ) – 327p – £137.6m – PER 27.4
Final Results For The 12 Months To End May 2018 – Revenue up 53% (£16.5m), PBT up 103% (£7.3m), Net Cash up 121% (£7.5m), EPS up 114% (14.1p) and the Dividend is up 56% too (11.25p). New technologies and systems should fuel future growth, 2019 trading is ahead of expectations.
A lot to like – Been on my Watchlist since it was half this price and it may be time to stop sitting on the side-lines.
Murgitroyd ( Murgitroyd (LON:MUR) ) – 725p – £64.8m – PER 20.2
Preliminary Results For The 12 Months To End May 2018 – Revenue flat (£43.9m), Underlying PBT up 7% to £4.1m (2017: £3.8m), Dividend up 24%, Underlying Basic EPS up 21% to 34.2p (2017: 28.3p) with Cash at £3.03m (31 May 2017: £2.54m).
This was on my Watchlist (from 400p – Doh!) but I will go Neutral for now as on a PER of 20 or so it’s perhaps reached a more fair valuation here.
SimplyBiz ( SimplyBiz (LON:SBIZ) ) – 177p – £134.9m – PER 13.5
Interim Results For The 6 Months To End June 2018 – Maiden results are in-line - Revenue up 13.7% to £24.2m (H1 2017: £21.3m), Adjusted PBT up 60.8% to £4.5m, Adjusted EPS up 61.7% to 4.68p, Net Debt down from £1.6m at date of listing to Net Cash of £1.2m and a Maiden Interim Dividend of 0.98p will be paid (covering 9 months).
Tempting - Still quite like this and it remains on my Watchlist.
Surgical Innovations ( Surgical Innovations (LON:SUN)…
