Morning all!

Costain (COST)Results For Half Year Ended June 2017 – An in-line update from this technology based engineering solutions provider – Which actually looks quite attractive (Stock Rank is 98). It’s doubled in the past 5 years (excluding dividend income), nicely rising Revenue, Profits and Dividends. Has an ROCE of 17%, Net Debt 30% of Mkt Cap and a modest 3% Dividend that is well covered. On a PER of 12 Costain looks good value here for a company that’s doubled in price in 5 years and looks forecast to continue along similar lines. In this update it also confirms a 34% rise in Operating profits, a 10% increase in the Interim dividend and cash of £87.5m versus £69.2m last year. An opportunity to perhaps double your money again over the next 5 years (and take some income along the way)! It's on my radar.

Game Digital (GMD)Year End Trading And Business Update 52 Weeks To 29-Jul-17 – Want to see how not to write a trading update, read this! This stock has been beaten down massively, it was worth 75p a year ago (now, 27p) – I believe there’s a few potentials here, it’s Enterprise value is -£27.1m, it’s involved in the esports arena and aims to focus here and it could be bought out!  Game Digital and Gfinity (I commented here) look to be potential players in this (esports) arena which could (sadly in my opinion) perhaps become the next big thing in gaming. This is probably the only bit of the update worth reading “Accordingly, the Group is continuing to develop Multiplay's Events and Esports activities, including the Insomnia gaming festival, and has recently commenced a review to maximise shareholder value in respect of Multiplay's Digital business.  Having acquired Multiplay in March 2015, the Group has further developed both the Digital division, comprising its multiplayer game server-hosting technology, and the Events and Esports activities, encompassing major gaming and esports events and the new BELONG concept. Benefiting from this development both divisions have independently delivered significant revenue growth over the last twelve months.  Multiplay's Digital sales have more than doubled, from £2.1 million to £4.5 million, whilst Multiplay's Events and Esports sales have increased almost 50%, from £4.8 million to £7.1 million.  Last year, the Multiplay Events and Esports business was relocated and…

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