Good morning!
It's quiet for results again today, so I've had a lie-in. Therefore please refresh this page from time to time, the full report should be up by about 2pm today.
Manx Telecom (LON:MANX)
Share price: 188p
No. shares: 113.0m
Market Cap: £ 212.4m
Trading update - sounds reassuring, with the company trading in line with expectations. Various other details are given about developments.
The shares have done well since floating just under a year ago, and the main attraction is the generous dividend yield. Although the company has quite a bit of debt, so I rejected it personally after looking at the figures a while ago.
I'd be a little concerned about possible monopoly and regulatory issues, which is why I never invest in utility companies.
I've never been to the Isle of Man, apparently it's a beautiful place, and of course Top Gear often film there, on sweeping & largely deserted country roads with stunning scenery.
It has a StockRank of 76, and note the high operating margin below, and the good divi yield. Although the "n/a" against Price to Tang. Book is a red flag - that usually means that tangible book value is negative.
eg Solutions (LON:EGS)
Trading update - the company says it's "marginally ahead of consensus expectations", and the outlook comments today sound positive.
It's a difficult company to value at the moment. I've spoken to the outgoing CFO a couple of times at investor events, and they're on a big sales push, and migrating to a SaaS revenue model.
I'm intrigued by this company, and think it might have good potential, but it's educated guesswork really, as with a lot of small caps.
Accsys Technologies (LON:AXS)
A positive update from this innovative wood products company has put some life into the shares today. This stock looks expensive, and I believe there are issues with production capacity, but the update today sounds encouraging.
In particular I like that they are expecing cashflow breakeven in the current quarter.
Speculative, but worth a look, in my opinion.
Elektron Technology (LON:EKT)
An update today from this electronics manufacturer sounds potentially interesting. The company has struggled in recent years, with a tired product portfolio, but it…
