I Read The News Today Oh Boy! 12-Aug-2019

Monday, Aug 12 2019 by
9

Morning all!

First of all, in case you missed them…

Here’s a link to my August Recap which includes my June/July trading activity.

And, a link to my August Parity PEG Price Report which covers 20 stocks including the latest on those traded in June/July – There’s also a link to the FULL report covering more than 250 UK stocks.

Onto today…

Angling Direct ( Angling Direct (LON:ANG) ) – 73p – £47m – PER 978

Interim Results For The 6 Months To End July 2019 – Revenue up 21% (LFL 15%) with Cash at £13m and confident of the outcome for the year.

No mention of Profit (as usual), so expecting a -£0.1m Loss if outcome for the year is achieved (according to my notes) – So it’s still not for me at present.

Lok’n Store ( Lokn Store (LON:LOK) ) – 525p – £155m – PER 40

Trading Update For The 6 Months To End July 2019 – Revenue up 8.7%, occupancy up 6% with secured pipeline to add 27% to trading space.

Still seems over valued from a growth perspective but, I suppose, fairly valued from a NAV perspective – Not one for me.

Mincon ( Mincon (LON:MCON) ) – 101p – £229m – PER 13.6

Interim Results For The 6 Months To End June 2019 – Revenue up 8%, Profit up 14%, EPS up 16%. Potential small warning on FY, tariffs, exchange rates, low wage producers and margins softening all mentioned.

I remain uninterested here.

As always, all comment most welcome!

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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.


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Angling Direct plc is a United Kingdom-based fishing tackle retailer company. The Company is principally focused on selling fishing tackle products and related products through retail stores and also online via its own Website (www.anglingdirect.co.uk). The Company’s product categories include reels, terminal tackle, rods, bait and additives and bivvies and shelters. The Company fishing tackles products, including capital items, consumables, luggage and clothing. Theses all fishing tackle products sells under its own brand Advanta. The Company operates approximately 15 retail stores. The Company has developed angling superstores. more »

LSE Price
67p
Change
-0.7%
Mkt Cap (£m)
43.6
P/E (fwd)
588
Yield (fwd)
n/a

Lok'nStore Group Plc is engaged in providing self-storage serviced and document storage and management services. The Company's segments include self-storage, and serviced archive & records management. It offers self-storage to both household and business customers at its centers. Its personal storage includes storage rooms, student storage, forces and services, and space estimator. Its business storage includes pallet storage, warehouse space, self-storage archiving, flexible office space, multi-site business storage accounts, and eBay and online business. It operates approximately 39 self-storage centers and over two serviced document stores in Southern England. Its personal and household self storage is available at various locations, such as Aldershot, Basingstoke, Bristol, Crawley, Eastbourne, Fareham, Harlow, Swindon and Maidenhead. more »

LSE Price
517p
Change
 
Mkt Cap (£m)
152.9
P/E (fwd)
39.6
Yield (fwd)
2.5

Mincon Group Plc is an engineering company specializing in the design, manufacture, sale and servicing of rock drilling tools and associated products. The Company distributes precision engineered hard rock drilling tools for a range of industries, including mining, exploration, waterwell, geothermal, construction, horizontal directional drilling, oil-gas and energy. It operates through the business unit that sells drilling equipment, primarily manufactured by its manufacturing sites. It offers five product lines: conventional down the hole (DTH) product; reverse circulation (RC) DTH product; horizontal directional drilling (HDD) product; rotary drilling product, and tungsten carbide product. Its products include DTH hammers, RC hammers, HDD pilot hammer systems, rotary products, DTH drill bits, Drilling Fluids, HDD Pull Reaming Hammer and HDD support equipment. In addition, the Company, through its subsidiary, Marshalls Carbide Ltd, manufactures tungsten carbide powder. more »

LSE Price
100.5p
Change
 
Mkt Cap (£m)
215.6
P/E (fwd)
13.9
Yield (fwd)
1.8



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


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