Morning all!
Morgan Sindall ( Morgan Sindall (LON:MGNS) ) – 1426p – £614.0m – PER 9.66
Interim Results For The 6 Months To End June 2018 – Revenue up 9% with Reported PBT and EPS up 30% - The Interim Dividend is up 19%. On track to deliver FY slightly ahead of previous expectations.
I cover this to keep track of my personal notes as I bought here when this was below £500m Market Cap. I hold and, based on this update, I will continue to do so.
Share ( Share (LON:SHRE) ) – 26p – £37.3m – PER 51.0
Interim Results For The 6 Months To End June 2018 – Revenues up, costs up, loss made.
I remain Neutral.
Stock Spirits ( Stock Spirits (LON:STCK) ) – 207.5p – £414.0m – PER 13.0
Interim Results For The 6 Months To End June 2018 – Revenue up 5.3%, PAT up 8.6%, EPS up 9.1% and the Interim Dividend is up 5%. Well positioned for further growth.
I remain Neutral.
SCS ( SCS (LON:SCS) ) – 214.5p – £86.4m – PER 8.88
Trading Update For The 12 Months To 28th July 2018 – In-line but expecting trading to remain challenging.
The yield remains attractive but still not enough to move me from Neutral here.
TT Electronics ( TT electronics (LON:TTG) ) – 220p – £358.7m – PER 14.3
Interim Results For The 6 Months To End June 2018 – Revenue up 12%, Underlying Operating Profit up 45% and the Interim Dividend is up 11%. Confident of progress for the FY ahead of prior expectations.
Still quite like this but can’t get past being Neutral at the moment.
As always, all comment most welcome!
