Morning all!

(Apologies, I got the date wrong yesterday so this is 18-Jul-2018 - Part 2)

Carr’s ( Carr's (LON:CARR) ) – 165p – £150.8m – PER 13.0

Trading Update For The 17 Week Period To End June 2018 – Trading slightly ahead of expectations, FY to be slightly ahead of expectations.

Looks like this was anticipated by some with the price up 10% yesterday! I will continue to sit on the side-lines here and keep an eye out for improving ROCE and Operating Margin.

Premier Foods ( Premier Foods (LON:PFD) ) – 46.85p – £393.9m – PER 5.94

Trading Update For The 13 Weeks To End June 2018 – Q1 sales up 1.7%, H1 sales up 4.5% and FY expectations are unchanged.

Could be great value here (Stockopedia Value score of 88) but the Net Debt keeps me well away.

Bloomsbury Publishing ( Bloomsbury Publishing (LON:BMY) ) – 242p – £182.3m – PER 16.1

Trading Update For The 4 Months To End June 2018 – Revenues up 7.1% at CC or 5.5% LFL – FY in-line.

Remains on my Watchlist at 200p as I just can’t quite convince myself (probably wrongly) to pay up here.

Renold ( Renold (LON:RNO) ) – 29.25p – £65.9m – PER 5.89

AGM Statement – In-line.

Nothing to excite me enough to take this off my Avoid list.

MPAC ( MPAC (LON:MPAC) ) – 218.5p – £44.1m – PER 17.5

Trading Update For The 6 Months To End June 2018 – FY Revenue to be in-line, FY Profits to be lower by £1.2m (ouch!) – Reckon that’s a 30%+ miss!

Having recently bought in here I will monitor the reaction this morning – Great broker forecasts (EPS growth for the next 4 years, starting with 2018, of 9.9, 14.1, 18.2 and 22.9 (2021)) issued just 2 months ago! Hey Ho!

Team17 ( £TM17 ) – 232.5p – £305.2m – PER 50.7

Trading Update For The 6 Months To End June 2018 – In-line.

Certainly flavour of the month, gaming companies – I need to…

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