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…

Unlock the rest of this Article in 15 seconds

or Unlock with your email

Already have an account?
Login here