Morning all!
Eurocell ( Eurocell (LON:ECEL) ) – 234p – £235m – PER 11.4
Results For The 12 Months To End December 2018 – Revenue up 13% with PBT down -7%, EPS flat (19.6p) and Net Debt up from £14.5m to £23.5m. First 2 months of the new year in-line.
I have little interest here at present.
As always, all comment most welcome!
My morning smallcap tweet: Will Zinc ever be in the pink?
Zinc Media (LON:ZIN)
Zinc Media Group (ZIN) H1 rev up 1%. EPS -0.05 (0.01). Blames delay to start of some major series. Guides FY adj EBITDA profit so I presume another pretax loss.
meanwhile, what has Tim Martin of J D Wetherspoon (LON:JDW) going to say about Brexit and beer?
The vexed debate about Brexit has continued since the referendum, nearly three years ago. Although the public voted to leave, the majority of 'the establishment', including most MPs, most universities, the Bank of England, the CBI and media organisations such as The Times, the Financial Times and The Economist favoured 'Remain'.
"The result has been a barrage of negative economic forecasts from those quarters, predicting that the UK will go to hell in a handcart without a 'deal' with the EU - which will effectively tie the country into EU membership and taxation, yet without representation.
"The doomsters ignore the most powerful nexus in economics, between democracy and prosperity - and the fact that the EU is becoming progressively less democratic, as it pursues an 'ever-closer union', for which there is no public consensus.
LFL +6.3%, PBT -18.9%, dividend held.
https://www.investegate.co.uk/wetherspoon--jd--plc--jdw-/rns/half-year-report/201903150700039541S/
Asagi (no position)
