Morning all!
Xpediator ( Xpediator (LON:XPD) ) – 60.5p – £71.0m – PER 15.9
Final Results For The 12 Months To End December 2017 – Revenues up 60% to £116.3m (2016: £72.8m), PBT up by 65% to £2.4m (2016: £1.5m), Adjusted Basic EPS 3.27p (2016: 1.52p) and a Final Dividend of 0.64p (2016: nil). Positive Q1, well placed to deliver a successful 2018 (no mention of in-line or targets) and the CFO is stepping down.
I hold and will continue to do so.
Patisserie Holdings ( Patisserie Holdings (LON:CAKE) ) – 433p – £441.4m – PER 22.4
Interim Results For The 6 Months To End March 2018 – Revenue of £60.5m up by 9.1% (2017: £55.5m), PBT of £11.1m up by 14.2% (2017: £9.7m), Diluted EPS of 8.92p up by 13.2% (2017: 7.88p) and the Interim Dividend is up 20% to 1.44p (2017: 1.20p).
Still remaining on the side-lines here, these results seem a little underwhelming, is the Dividend increase a sweetener? Perhaps.
Elegant Hotels ( Elegant Hotels (LON:EHG) ) – 87p – £77.3m – PER 10.4
Interim Results For The 6 Months To End March 2018 – Revenue up 8%, Adjusted PBT down 7% to $11.4m (H1 2017: $12.2m), Adjusted EPS 10.5c (H1 2017: 11.0c)and the Interim dividend is 1.33p (H1 2017: 3.5p). Comfortable with the FY market expectations.
The Dividend was one of the attractions here (for me). I did hold here but got sold out - It just wasn’t doing much and I decided that perhaps a hotel group is unlikely to grow very fast – In a downturn or with the continued rise of Airbnb. I remain happy with that decision so far.
Zytronic ( Zytronic (LON:ZYT) ) – 450p – £72.2m – PER 14.5
Interim Results For The 6 Months To End March 2018 – Revenue £10.6m (H1 2017: £11.3m), PBT £2.2m (H1 2017: £2.5m), Interim dividend increased by 100% to 7.60p per share (H1 2017: 3.80p), Basic EPS 11.7p (H1 2017: 13.8p), Net cash of £13.7m (30 September 2017: £14.1m) following an increase to dividend payments. H2 started well but growth may be suppressed (vs recent years).
I…
