Morning all!
Augean ( Augean (LON:AUG) ) – 70p – £72.7m – PER 7.69
Trading Update For The 12 Months To End December 2018 – Expects to be in-line with previously upgraded expectations with higher Net Cash than expected (£8.2m).
I still cannot be tempted here whilst that outstanding issue with HMRC remains.
Majestic Wine ( Majestic Wine (LON:WINE) ) – 250p – £180m – PER 14.7
Trading Update For The 10 Weeks To End December 2018 – Sales up 6.8% (6.3% underlying), FY PBT to be broadly in-line (£11m - £12.8m).
I still don't see a reason to get excited here.
Mothercare ( Mothercare (LON:MTC) ) – 15.5p – £53m – PER n/a
Trading Update For The 13 Weeks To 5th January 2019 – Challenging, on track with cost saving plan - FY unchanged.
Remains on my Avoid list.
Shoe Zone ( Shoe Zone (LON:SHOE) ) – 179.5p – £89.6m – PER 10.9
Preliminary Results For The 12 Months To End September 2018 – Revenue up 1.8%, Statutory PBT up 18.4%, EPS up 20.7%, Final Dividend up 17.6% and a Special of 8p too meaning Total Dividend is up 91.2%.
I am Neutral here but will keep an eye out for Broker notes following these results as they look quite good.
Topps Tiles ( Topps Tiles (LON:TPT) ) – 63.7p – £124.2m – PER 9.6
Trading Update For The 13 Weeks To 29th December 2018 – LFL Revenue down -1.4%.
The yield is good (5%+) but there's just not enough else to make me a Buyer here at present.
Science In Sport ( Science in Sport (LON:SIS) ) – 53.5p – £65.3m – PER n/a
Trading Update For The 12 Months To End December 2018 – Underlying Revenue growth of +27% - FY to be in-line (another loss then).
Remains on my Avoid list until it starts making money.
As always, all comment most welcome!