Morning all!

1PM ( 1pm (LON:OPM) ) – 42p – £37m – PER 5

Trading Update For The 12 Months To End May 2019 – Revenue to be up 6% with PBT (before exceptionals and share based payments) up 4%, EPS to be up 2% or so. 50% of current year revenue already secured.

I am long here and I was expecting better than this – Will monitor the market reaction this morning.

D4t4 Solutions ( £D4T4 ) – 250p – £98m – PER 19.7

Results For The 12 Months To End March 2019 – Strong year, Revenue up 37% (to £25.24m), Adjusted PBT up 48% (to £6.02m), Adjusted Diluted EPS up 57% (to 13.89p), Net Cash up 185% to £11m and the Dividend is up 20%. New year trading in-line.

Still looks overvalued here (based on forecasts), so I will keep an eye out for any upgrades.

Gear4Music ( £G4M ) – 230p – £48m – PER 50.7

Results For The 12 Months To End March 2019 – Revenue up 48% and it's a Loss of -£0.163m versus a Profit of £1.386m last time.

I remain unconvinced here.

IEnergizer ( iEnergizer (LON:IBPO) ) – 206p – £392m – PER 13.8

Results For The 12 Months To End March 2019 – Revenue up 11.8%, PBT up 47.1% ($40.8m), Margin up from 17.7% to 23.1%, EPS up over 50% from 11c to 17c, Dividend 10.4p (none last time) and will be progressive, Net Debt down from $26.4m to $3.9m.

Still lots to like here and sometimes I try a sneaky order but never get filled, the spread can be 10% here!

Morses Club ( Morses Club (LON:MCL) ) – 150p – £195m – PER 10.3

AGM Statement – Challenging but current trading remains in-line.

I will say the same thing as last time I covered this “Always quite liked this, decent growth and yield (5% or so). I reckon there’s some value here however the potential risk of more regulation just makes me shy away from that Buy button.”.

Northgate ( Northgate (LON:NTG) ) – 322p – £429m – PER…

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