Morning all!
Augean ( £AUG ) – 118p – £123m – PER 10
Trading Update – Strong Q3 means FY Profit will be materially ahead of current consensus of Adjusted PBT of £16.5m.
I have been put off here for almost 2 years, since 27p, due to the HMRC concern, a costly concern I now put down to one that got away!
Loungers ( £LGRS ) – 199p – £185m – PER 21
Interim Results For The 6 Months To End June 2019 – Revenue up 22% (5.4% LFL), well placed to continue to outperform the market.
A recent IPO currently trading well below it’s issue price – I would suggest without any guidance on FY or mention of Profit, it will remain that way for now.
Tristel ( £TSTL ) – 293p – £131m – PER 28
Results For The 12 Months To End June 2019 – Revenue up 18%, PBT up 19% (before share based payments!), Adjusted EPS up 21%, FY Dividend up 21%, Net Cash at £4.2m,
I still quite like this but still reckon it’s about fairly priced around this level, I could be wrong!
As always, all comment most welcome!
