Morning all!
Gama Aviation ( £GMAA ) – 85p – £54m – PER 8.4
Trading Update For The 6 Months To End June 2019 – In-line with FY also expected to be in-line.
I remain uninterested.
Keller Group ( £KLR ) – 623p – £472m – PER 6.8
Interim Results For The 6 Months To End June 2019 – “H1 in-line with expectations and full year guidance re-iterated”.
Looks reasonably valued based on the growth and yield (6% or so), if you can look past at least some of that mountain of Debt.
Reach ( £RCH ) – 90p – £270m – PER 2.3
Results For The 12 Months To End December 2018 – Revenue flat, PBT up 8% with EPS up 4.9% with the Interim Dividend is up 5.5%, expects FY to be in-line. The Pension Deficit is at £350m.
Still cheap on a Yield of almost 8% but there’s still 2 BIG issues here (for me) – The HUGE Pension Deficit and the terminal decline of print (or can they make on-line a success?).
YouGov ( £YOU ) – 558p – £590m – PER 35
Trading Update For The 12 Months To End July 2019 – FY to be comfortably ahead, expanding geographically.
Looks, perhaps a bit overvalued here but this one often seems to surprise to the upside.
As always, all comment most welcome!
