Morning All!
Utilitywise ( Utilitywise (LON:UTW) ) – 15-Nov-2017 – 55.75p – £43.8m – PER 6.05
Final Results Timing Update – Extended from 21 November to December – Usually signal (more) bad news!
I’m staying out of the way here.
Walker Greenback ( Walker Greenbank (LON:WGB) ) – 15-Nov-2017 – 210.5p – £149.2m – PER 12.6
Trading Update In Respect To The Year Ending January 2018 – Expects Profits for the year to be 10% lower than it’s expectations (only 6 weeks after saying it was growing ahead of expectations!).
I considered the previous update “cloudy” and I think this is naughty (6 weeks!). I will be avoiding this one for now.
Game Digital ( GAME Digital (LON:GMD) ) – 15-Nov-2017 – 40.13p – £68.3m – PER n/a
Final Results For The 12 Months To 29 July 2017 – This looks worse than expected.
I bought in here in the summer as it looked very cheap – I have sold out half for 100% (as I usually do when doubling up) and continue to hold the rest, basically for free. I would consider adding only if the price looks very cheap again.
AB Dynamics ( Ab Dynamics (LON:ABDP) ) – 15-Nov-2017 – 762.5p – £147.9m – PER 26.3
Final Results For The 12 Months To End August 2017 – Revenue up 20.0% to £24.6m (2016: £20.5m), adjusted Operating Profit up 26.2% to £5.9m (2016: £4.7m), adjusted fully diluted EPS up 22.5% to 28.28p (2016: 23.09p), Dividend 3.331p for the year up 10% and Cash of £9.6m (2016: £10.4m). And, the record order book provides good visibility into Q3 2018.
A good update but I just have a couple of concerns. Like Stockpedia (Value = 10), I am concerned about the value at these levels and the fact that this is the last update from the current Chief Exec. Those things aside, I quite like it.
Premier Foods ( Premier Foods (LON:PFD) ) – 15-Nov-2017 – 36.5p – £322.4m – PER 5
