Morning all!

Hope you all had a great weekend.

Finsbury Food ( Finsbury Food (LON:FIF) ) – 116p – £151.2m – PER 11.2

Interim Results For The 26 Weeks To End December 2017 – Revenue of £157.8m up 0.7% (H1 2016: £156.6m), Operating Profit Margin of 5.5% (H1 2016: 5.3%), PBT of £8.4m up 6.3% (H1 2016: £7.9m), Adjusted Diluted EPS up 4.3% at 4.8p per share (H1 2016: 4.6p per share), Interim Dividend up 10% to 1.1p (H1 2016: 1.00p) and Net Debt is £16.6m (H1 2016: £21.0m).

Seems just about OK to me, not enough to get me invested though.

Gama Aviation ( Gama Aviation (LON:GMAA) ) – 260p – £165.4m – PER 10.8

Final Results For The 12 Months To End December 2017 – In-line with Revenue of $207.4m (2016: $196.1m) up 5.8% (CC), Underlying Operating Profit $18.7m (2016: $14.6m) up 28.3% (CC), Net Debt down by $6.4m to $13.0m (2016: $19.4m) and current trading is in line - Well placed to achieve its expectations for the current year.

Done very little in the past 5 years except go sideways, I just can’t get excited here at present.

Learning Technologies ( Learning Technologies (LON:LTG) ) – 83p – £476.5m – PER 39.4

Preliminary Results For The 12 Months To End December 2017 – Revenue up 85% to £52.1m (£28.3m last time), Adjusted EPS up 74% to 2.064p (1.184p last time), the FY Dividend is up 43% to 0.3p and there’s now Net Cash of £1.0m (-£8.5m last time). Current trading is ahead of expectations.

Finding it hard to ignore this, even on a lofty PER, it’s going on the Watchlist, 75p.

Miton ( Miton (LON:MGR) ) – 38.63p – £66.7m – PER 11.7

Final Results For The 12 Months To End December 2017 – Impressive enough, AuM up by 21% for the year at £3,361 million (2016: £2,783 million), Adjusted PBT up by 33% to £6.8M (2016: £5.1 million), Dividend of 1.4p, up 40% reflecting confidence in future prospects and momentum in AuM with Cash of £19.9m (2016: £21.3 million).

I think if the yield was higher I would be…

Unlock the rest of this Article in 15 seconds

or Unlock with your email

Already have an account?
Login here