Morning all!
Alpha Financial Markets Consulting ( Alpha Financial Markets Consulting (LON:AFM) ) – 231p – £234m – PER 16.9
Results For The 12 Months To End March 2019 – Revenue up 15.1% (from £66m to £76m), Operating Profit up almost 50%, Adjusted EPS up 23% (from 9.8p to 12.05p), the Total Dividend is up 16.1% (6p). Acquisition also announced.
I quite like this still (but don't think it will ever set the world on fire) - Will keep an eye out for Broker updates.
Findel ( Findel (LON:FDL) ) – 193p – £167m – PER 6.9
Results For The 12 Months To End March 2019 – Revenue up 5.7% (to £506.8m), PBT up 17.7%, (Core) Net Debt at £57.4m, (Overall) Net Debt at £233.4m.
Attractive without the Net Debt, with it, not so much, I remain on the side-lines.
Impax Asset Management ( Impax Asset Management (LON:IPX) ) – 280p – £365m – PER 21.9
Interim Results For The 6 Months To End March 2019 – AUM up 6%, PBT up from £5.5m to £9.3m with Adjusted Diluted EPS down from 4.8p to 4.4p, the Interim Dividend is up from 1.1p to 1.5p.
Impressive as this seems, with outflows to be expected in a downturn, I just can't get more interested at the moment. Confused at the EPS figures (being down).
K3 Capital ( £K3C ) – 109p – £46m – PER 7.9
Trading Update For The Period To End May 2019 – Adjusted EBITDA to be at the upper end of market guidance, Revenue to be in-line. New Year has strong pipe-line, confident for 2020.
Might provide support for a share price down 70% or so from it's 12 month high, but not for me until I see the actuals.
Learning Technologies ( Learning Technologies (LON:LTG) ) – 82p – £548m – PER 19.6
AGM Statement – Very positive YTD in 2019, confident of achieving run-rate Revenue of £200m and EBIT of £55m+ by end 2021.
I remain Long here and hope this may help the price (down 50% from 12…
