Morning all!
Dignity ( Dignity (LON:DTY) ) – 720p – £360m – PER 10.4
Trading Update For The 12 Months To End December 2018 – Expects to report Operating Profit circa £79m, ahead of current market expectations, expectations for 2019 are unchanged.
I don't see much reason to be "bottom picking" here.
Elegant Hotels ( Elegant Hotels (LON:EHG) ) – 68p – £60.4m – PER 7.72
Results For The 12 Months To End September 2018 – Revenue up 5% to $62.9m, PBT up 3.5% to $9.5m, Adjusted Diluted EPS up 15.9% to 11.3c (9.8c last time). Year End Net Debt is $72.2 ($73.1m last time) and the new year has started in-line.
I still can't get excited here.
Forterra ( Forterra (LON:FORT) ) – 242p – £485m – PER 9
Trading Update For The 12 Months To End December 2018 – FY PBT to be in-line with the Board's expectations. Net Debt down from £61m to £39m. Brick market seems to be holding up well.
Looks like the uncertainty of "you know what" is built into the price here – Probably the only thing preventing me getting closer to the Buy button at present.
Franchise Brands ( Franchise Brands (LON:FRAN) ) – 64.5p – £50m – PER 26.6
Trading Update For The 12 Months To End December 2018 – In-line, 2019 trading has started positively.
More attractive at this price but still not quite enough to get me involved just yet.
Gym ( GYM (LON:GYM) ) – 225p – £310.4m – PER 17.7
Trading Update For The 12 Months To End December 2018 – Members up 19.3%, Revenue up 35.6%, Net Debt £46m (£37.5m last time) and some EBITDA figure is included. Confident for continued growth in 2019.
Looking perhaps reasonably priced here.
Kape Technologies ( Kape Technologies (LON:KAPE) ) – 110p – £156m – PER 20.2
Trading Update For The 12 Months To End December 2018 – EBITDA to be slightly above market expectations on lower Revenue (due to the "divestment…
