Morning all!

Hope you had a great weekend.

City Pub ( City Pub (LON:CPC) ) – 204.5p – £115.5m – PER 25.4

AGM Statement – Sales up 23% (1st 18 weeks) with more pubs in the pipeline.

Will continue to remain Neutral until seeing how the increase in sales translates into profit.

Angling Direct ( Angling Direct (LON:ANG) ) – 104p – £44.7m – PER 33.5

Results For The 12 Months To End January 2018 – Revenue of £30.24m up by 44% (2017: £21.03m) with Operating profit of £0.9m up 27% (2017: £0.7m). A good start to the year, confident of meeting FY targets.

Was hoping for a more bullish set of results than this, will remain Neutral for now.

Cerillion ( Cerillion (LON:CER) ) – 143p – £42.2m – PER 13.5

Interim Results For The 6 Months To End March 2018 – In-line (although they don’t seem so great) – Confident for the full year.

I was hoping for a little more here, I will remain Neutral for now.

Eckoh ( Eckoh (LON:ECK) ) – 43.5p – £109.7m – PER 22.1

Trading Update For The 12 Months To End March 2018 – In-line with Market expectations with several sizeable contract wins.

This is looking quite interesting, will add it to the Watchlist at 40p to keep an eye on it.

CML Microsystems ( CML Microsystems (LON:CML) ) – 567.5p – £96.8m – PER 22.8

Trading Update For The 6 Months To End March 2018 – In-line.

This was on my Watchlist at 450p. I reckon it’s high enough now so I am going to go Neutral here.

As always, all comment most welcome!

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