Morning all!

Anpario ( Anpario (LON:ANP) ) – 425p – £98.3m – PER 25.8

Final Results For The 12 Months To End December 2017 – Revenues up 20% to £29.2m (2016: £24.3m), PBT up 27% to £3.4m (2016: £2.7m), Diluted EPS up by 13% to 14.17p (2016: 12.58p). Net Cash £13.6m (2016: £11.1m) and the total Dividend is 18% up on last year, 6.5p. Optimistic about the outlook, potential issues being FX and raw material prices.

I quite like this and I think if the outlook was a little more optimistic I would be more interested. For now I will remain Neutral.

Bioquell ( Bioquell (LON:BQE) ) – 322.5p – £72.5m – PER 28.0

Preliminary Results For The 12 Months To End December 2017 – Revenue up 6% (CC) to £29.2m (2016: £26.5 million), PBT of £3.3 million (2016: £0.1 million), Diluted EPS 10.8p (2016:1.2p) with Cash (and equivalents) at £14.6 million (2016: £8.8 million). 2018 has started in-line.

Doubled in the past 12 months but I don’t see enough here at present to tempt me.

Lookers ( Lookers (LON:LOOK) ) – 93.3p – £370.0m – PER 6.42

Results For The 12 Months To End December 2017 – Revenue up 15% £4,696m (vs £4,088m), Adjusted PBT of £68.4m (vs £64.9m), Adjusted EPS up 1.3% (14.57p) and the Dividend is up 5%. Q1 expected to be in-line with management expectations. Share Buyback also announced, up to £10m.

At present, I am no more keen on buying this today than I was yesterday.

Microgen ( Microgen (LON:MCGN) ) – 500p – £304.4m – PER 27.3

Preliminary Results For The 12 Months To End December 2017 –  Revenue up 46% to £62.6m (2016: £43.0m), 37% excluding the benefit of recent acquisitions. Adjusted Operating Profit up 43% to £13.6m (2016: £9.5), Statutory £11.1m (2016: £8.2m). Adjusted EPS up 39% to 17.1p (2016: 12.3p), Total Dividend for the year will be 6.25p (2016: 5.0 pence), an increase of 25%. Cash is £19.1m (2016: £23.8m). The Chairman states “The Group enters 2018 well positioned with good revenue visibility and an encouraging pipeline of opportunities”.

I am very tempted here and if…

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