Morning all!
(As a note I have finally got round to doing my February 2019 update, it's late as I wanted to include my analysis approach for my 1 purchase - You can view the update and approach here)
Blancco Technology ( Blancco Technology (LON:BLTG) ) – 87.5p – £57m – PER 22
Interim Results For The 6 Months To End December 2018 – Revenue up 19%, Adjusted Operating Profit up from £0.6m (restated) to £1.6m, confident of meeting FY expectations.
The latest Broker note I can reference is from Edison and it forecasts negative EPS growth – So if this is the expectation, it's not for me at present.
DotDigital ( dotDigital (LON:DOTD) ) – 86p – £256m – PER 21
Interim Results For The 6 Months To End December 2018 – Revenue up 33% (organic 15%), EBITDA up 25% and Cash is up 59% (to £16.7m) – Remains confident of meeting FY expectations.
I still reckon this is fairly priced around this level.
Future ( Future (LON:FUTR) ) – 570p – £467m – PER 20
Trading Update – H1 to be significantly ahead of Boards expectations, also expecting FY to be significantly ahead of market expectations.
I reckon this is fairly priced around these levels but will be keen to see any updated Broker notes after this upbeat statement.
Walker Greenback ( Walker Greenbank (LON:WGB) ) – 86p – £61m – PER 7.8
Trading Update For The 12 Months To End January 2019 – Expected to be in-line with management's expectations with Revenue up 1.1% to £113.3m. Expects core market this year to be challenging and uncertain, looking at cost saving initiatives.
I can’t get excited here.
As always, all comment most welcome!
