Morning all!

Castleton Technology ( Castleton Technology (LON:CTP) ) – 106p – £86m – PER 15.7

Results For The 12 Months To End March 2019 – Revenue up 13% (to £26.4m), EBITDA up 24%, Net Debt down from £6.3m to £5.1m, EPS down from 5.23p to 5.08p.

I don't see value here at present.

( K3 Business Technology (LON:KBT) ) – 182p – £77m – PER 13.1

Trading Update For The 6 Months To End May 2019 – On track to meet FY expectations with results more H2 weighted than usual.

Will be waiting to see the actuals here aswell as revised forecasts for 2020E!

Marlowe ( Marlowe (LON:MRL) ) – 418p – £162m – PER 18.6

Results For The 12 Months To End March 2019 – Revenue up 59% (to £128.5m), PBT up 53% (to £8.9m), EPS up 34% (to 18.8p) with Net Debt up from £2.9m to £20.1m. Current year has started in-line with expectations.

Looks about fairly priced but will keep an eye out for revised forecasts as these are quite impressive results.

Team17 ( £TM17 ) – 247p – £319m – PER 25.9

H1 Trading Update – Strong start, expects FY Adjusted Revenue and EBITDA to be ahead of market expectations.

I still reckon this is overvalued but will now keep an eye out for updated forecasts. 

As always, all comment most welcome!

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