Morning all!
Henry Boot ( Henry Boot (LON:BOOT) ) – 303p – £403.3m – PER 11.1
Results For The 12 Months To End December 2017 – Looks good indeed - Revenue up 33% to £408.5m (2016: £306.8m), PBT up 40% to £55.4m (2016: £39.5m) and EPS up 49% to 32.1p (2016: 21.5p). The FY Dividend will be 8.00p (2016: 7.00p), a 14% increase. NAV is up 15% to 203p (2016: 177p). 2018 has started well.
This is on my Watchlist at 320p and it remains there for now whilst observing how the overall market is heading.
Cenkos Securities ( Cenkos Securities (LON:CNKS) ) – 115p – £63.6m – PER 12.1
Results For The 12 Months To End December 2017 – Revenues up 36% to £59.5m and PBT up 97% to £10.0m (2016: £5.1m) with Basic EPS from continuing operations up by 154% to 15.0p (2016: 5.9p). Outlook is (correctly) called as “difficult to predict”.
Looks great for those willing to accept an unpredictable market, not for me at present.
Sprue Aegis ( Sprue Aegis (LON:SPRP) ) – 186.5p – £85.6m – PER 15.5
DA Termination Notice and Update re final results – Not sure what impact this will have but to me it doesn’t look too good. Results due to be published in March will now be delayed, no date given.
Well for some there was a bit of a red flag here, the FD left without very many kind words at the beginning of March. Perhaps this is update is why, perhaps not. Anyway, if I was in I would be looking to get out and as I am out I will not be looking to get in. As I mentioned, no idea of the impact here but looks like a major **** up to me.
As always, all comment most welcome – Have a great day!
