Morning all!
Costain ( Costain (LON:COST) ) – 431.5p – £459.1m – PER 11.3
Interim Results For The 6 Months To End June 2018 – On course to deliver FY expectations.
I keep saying this and wait to proven wrong one day - I quite like this but find it difficult to see where any real growth can come from at present. Seems trapped (perhaps rightly) below that 500p level, that’s less than a 20% upside, not enough for me.
Empresaria ( Empresaria (LON:EMR) ) – 86.5p – £42.4m – PER 6.70
Results For The 6 Months To End June 2018 – Revenue up 5% (CC), Adjusted PBT up 3% (CC) with Adjusted EPS down 12% on last year but, in-line with FY forecasts.
Still seems reasonable value on a PER of 6.70 but I remain on the side-lines.
Headlam ( Headlam (LON:HEAD) ) – 449.5p – £380.2m – PER 10.2
Interim Results For The 6 Months To End June 2018 – Not sure these results could be flatter with no real movement in Revenue, Profit or the Dividend. Expects FY to be better than last year but at the lower end of current market expectations.
I remain Neutral and reckon, based on this (even with a 5%+ yield) there’s still room for a little more drift here.
Epwin ( Epwin (LON:EPWN) ) – 71.05p – £101.5m – PER 6.35
H1 Trading Update – H1 better than anticipated, FY Adjusted PBT to be in-line –Despite the weather and challenging markets.
Stockopedia still likes this (StockRank 97) more than I do – I remain Neutral for now, although that Dividend is attractive!
As always, all comment most welcome!
