Morning all!
Cerillion ( Cerillion (LON:CER) ) – 188p – £56m – PER 17
Trading Update For The 12 Months To End September 2019 – Expects FY to be in-line with Revenue up 8% and Adjusted EBITDA up 14%, Net Cash to be £5m, ahead of expectations.
Looks fairly priced to me, at best.
Photo-Me International ( Photo-me International (LON:PHTM) ) – 89p – £338m – PER 10
Trading Update For The 5 Months To End September 2019 – In-line and FY should be in-line despite uncertainty.
Tempting for the yield but not enough here for me at present, would like to have seen an update on the Net Cash position here.
Water Intelligence ( Water Intelligence (LON:WATR) ) – 266p – £45m – PER 22
Q3 Trading Update (YTD) – Ahead on Revenue, comfortably in-line with PBT, demand strong, accelerating growth.
This is quite encouraging, could well be tempted back in here, it’s on the Watchlist for now.
As always, all comment most welcome!
