Morning All!

Adept Telecom (ADT)

AGM Statement Commenting On The 6 Months Ended September 2017 – A little strange this one as it focuses on being able to support a 13.3% increase in the interim Dividend. No mention of being in-line though (Revenue/Profit wise). So, although the increased Dividend may be taken well, the fact “in-line” (Revenue/Profit) is not mentioned – May not be taken so well. I quite like this company but am a little suspicious here!

Avacta (AVCT)

Preliminary Results For The Year Ended July 2017 Revenue up and Losses too! Cash down from £19.52m to £13.17m (well ahead of market expectations). Aim listed Biotech that has never made a profit nor is it forecast to do so – This simply doesn’t constitute a case for investment for me.

Ceres Power Holdings (CWR)

Final Results For The Year Ended June 2017 Revenue up 140% ahead of expectations. EBITDA loss £10.3m versus £11.5m LFL and the Order book is up from £1.7m to £3.2m.  This is probably good news for those believing this company can one day make a Profit. Having never made a profit or even forecast to make one – Not yet an investment case for me.

Future (FUTR)

Full Year Trading Update For The Year Ended September 2017 – Due to strong Revenue growth this is an “ahead of expectations” update - “The three acquisitions we have made during this financial year have further strengthened and diversified our revenue streams, as we continue to build a global platform for specialist media with data at its heart”.  This should see the company announce its first Profit since 2013 this year – On a PER of 15.5 and up 200% in the past 12 months I wonder how much of this is already in the price!

Gooch & Housego (GHH)

Full Year Trading Update For The Year Ended September 2017 – In-line with a record year end order book of £72.2 million, up 36.7% compared with the same time last year - Excluding the impact of foreign exchange and acquisitions this is an increase of 29.2% on the starting order book last year. Seems like a good news update and seems to justify the current PER of 25.7.

Gresham…

Unlock the rest of this Article in 15 seconds

or Unlock with your email

Already have an account?
Login here