Morning all!
Cohort ( Cohort (LON:CHRT) ) – 415p – £170.0m – PER 12.9
Interim Results For The 6 Months To End October 2018 – Revenue down, Adjusted Operating Profit and EPS about a third of last year – As a sweetener the Interim Dividend is increased 12%. Made an acquisition today and expects H2 weighting to be even greater this year (than usual).
I cannot buy on the expectation of H2 weighting being even greater than usual – Not a chance! Expecting the FY to surprise one way or the other!
Eurocell ( Eurocell (LON:ECEL) ) – 232p – £232.7m – PER 10.2
Trading Update For The 11 Months To End November – Expects FY EBITDA to be slightly below FY 2017.
Looks like “H2 weighting” mentioned in the previous update – Strikes another stock! Not for me at present.
Filtronic ( Filtronic (LON:FTC) ) – 18p – £37.5m – PER 30.7
Trading Update – Sales down and expects to make a loss this year. Has enough money to survive whilst exploring what to do with the antenna business.
There’s little likelihood I will be getting involved here any time soon.
Fulham Shore ( Fulham Shore (LON:FUL) ) – 9.4p – £53.7m – PER 122.1
Unaudited Interim Results For The 6 Months To 23rd September 2018 – Revenue up 20% to £33.0m with PBT up 35% to £1.5m.
Seems to be heading in the right direction but not enough to tempt me just yet – Will await the FY results.
Huntsworth ( Huntsworth (LON:HNT) ) – 97p – £339.1m – PER 11.9
Trading Update For The 11 Months To End November 2018 – On target for PBT to be at least in-line (£29.4m), expecting continued good growth across all of its businesses into 2019.
I sold out here in July as the Interim Results seemed a little too cautious. I may well revisit as this doesn’t sound as bad at all - Aill keep an eye out for Broker notes.
Netcall ( Netcall (LON:NET) ) –…
