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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