Morning all!
Inspired Energy ( Inspired Energy (LON:INSE) ) – 14.5p – £104m – PER 7.8
AGM Statement – Trading in-line.
Still looks interesting apart from that Net Debt being a little high – Will keep an eye out for updated Broker notes.
Quartix ( Quartix Holdings (LON:QTX) ) – 255p – £122m – PER 21.7
H1 Trading Update – Quite detailed but basically it seems FY will be in-line.
I still believe that means all round metrics lower than last year – So I will remain on the side-lines.
Severfield ( Severfield (LON:SFR) ) – 72p – £219m – PER 9.9
Results For The 12 Months To End March 2019 – Revenue flat, Underlying PBT and EPS both up 5%, Total Dividend up 8%, Order Book seems to be up 25%+, still on track to double PBT to £26m by 2020.
Still quite a lot to like here and still probably some value too considering the Net Cash and 4% or so Yield – Will keep an eye out for revised Broker notes as that Order Book increase looks quite significant.
ULS Technology ( ULS Technology (LON:ULS) ) – 80p – £52m – PER 12.5
Results For The 12 Months To End March 2019 – Revenue down slightly, as it Underlying PBT and EPS, Net at £2.9m (£1.9m last time). The Total Dividend as a sweetener is up from 2.3p to 2.4p.
Still not tempted to re-enter here having sold out over 12 months ago.
As always, all comment most welcome!
