Morning all!
Onthemarket ( Onthemarket (LON:OTMP) ) – 162p – £100.5m – PER n/a
Results For The 12 Months To End January 2018 – Revenue down from £17.8m to £16.0m and the Loss After Tax is -£12.1m (£4.0m last time).
First coverage here for me and it doesn’t seem to be going so well. I am Neutral for now.
Ramsdens Holdings ( Ramsdens Holdings (LON:RFX) ) – 185.5p – £56.4m – PER 11.2
Results For The 12 Months To End March 2018 – Revenue up 16% from £34.5m to £39.9m, Underlying PBT up 60% from £4.0m to £6.5m, Basic EPS up 61% from 10.1p to 16.3p with a Dividend of 6.6p versus 1.3p. 2018 has started well in-line with the Board’s expectations.
This looks slightly better than forecast, I continue to hold.
Sopheon ( Sopheon (LON:SPE) ) – 880p – £88.5m – PER 22.5
AGM Statement – Revenue visibility up 34% YoY (a record).
This statement seems more bullish about the past than the future. I am kicking myself for not paying up here numerous times in the past but don’t want to here at present. To keep an eye on it though I will keep it on my Watchlist, revised price 750p.
TPG ( £TP ) – 7.55p – £57.3m – PER 52.8
AGM Statement – A positive start to the year in-line with market expectations.
Based on forecasts I could be tempted here but that would just be breaking too many of my own rules – I will remain Neutral.
Joules ( Joules (LON:JOUL) ) – 329p – £287.9m – PER 23.7
Trading Update For The 12 Months To 27th May 2018 – Revenue up 18.4% to £185.9m, expects PBT to be marginally ahead of analyst expectations (£12.6m).
I quite like this but will leave it on my Watchlist at 280p for now.
Veltyco ( Veltyco (LON:VLTY) ) – 75p – £56.1m – PER 9.50
Results For The 12 Months To End December 2017 – Revenue up 165% to €16.2m (2016: €6.1m), Operating EBITDA for the year up 260%…
