Morning all!
Tatton Asset Management ( Tatton Asset Management (LON:TAM) ) – 199p – £111m – PER 15.9
Results For The 12 Months To End March 2019 – AUM up 24.5%, Revenue up 12.9% (to £17.5), EPS up 9.9% (to 10p), Total Dividend up 27.3% (to 8.4p) with Net Cash at £12.2m.
Looks OK, the issue here (with me) is the potential for outflows in a market correction – Just can't get excited enough even with a 4%+ Yield.
As always, all comment most welcome!
My morning smallcap tweet: KCOM bid KO
KCOM (LON:KCOM), Scapa (LON:SCPA), Argo Blockchain (LON:ARB), Dunedin Enterprise Investment Trust (LON:DNE), Lightwaverf (LON:LWRF)
KCOM (KCOM) gets better offer of 108p vs 97p.
Scapa Group (SCPA) US customer terminates 5 year $30m PA contract 3 years early. SCPA will challenge.
Argo Blockchain (ARB) raises Q2 rev guidance by 37%.
Dunedin Enterprise (DNE) another capital return of £5.2m.
Lightwaverf (LWRF) H1 contains this risible outlook stmt "On a daily basis we are seeing the real opportunity for the Lightwave smart home brand to achieve significant UK and international scale."
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