Morning all!
Maintel Holdings ( Maintel Holdings (LON:MAI) ) – 423p – £60m – PER 4.6
Trading Update For The 12 Months To End December 2018 – Comfortably in-line, EBITDA to be at the top end of expectations announced in November, Net Debt at £25.5m. Confident of delivering Revenue, EBITDA and Dividend growth in 2019.
This looks pretty good but the Net Debt is rsther high and there's no mention of real profit – A case of waiting to see those actuals.
Minds Machines ( Minds Machines (LON:MMX) ) – 5.7p – £52.7m – PER 15.4
Trading Update For The 12 Months To End December 2018 – Lots of talk with EBITDA expected to be marginally ahead of expectations.
I will wait to see results here as I have little idea what this update is trying to tell me.
Porvair ( Porvair (LON:PRV) ) – 452p – £206m – PER 20
Results For The 12 Months To End November 2018 – Record Revenue of £128.8m (up 11%), Record PBT of £12m (up 2% or so), Adjusted EPS and the Dividend also up 11%. Outlook seems healthy.
I still don't see a reason to be interested here whilst that PER is almost double the growth rate.
SThree ( SThree (LON:STHR) ) – 272p – £356m – PER 8.5
Results For The 12 Months To End November 2018 – Ahead of expectations, Revenue up 13%, PBT and Basic EPS up 20%, Total Dividend up 4%.
This remains tempting enough, for the yield (5%+). However, the recruitment sector is not one I have a conviction for at present, if it was I would probably be involved here.
TT Electronics ( TT electronics (LON:TTG) ) – 197p – £322m – PER 11.2
Updated Offer Of Intention (for Stadium Group) And Trading Update – Reasons for updated offer of intention is to enhance the collective operation and service. Trading to end December in-line.
I will have a closer look at this next time I see some results and the how those enhancements pay off.
As always, all comment…
