Good morning, it's Paul & Jack here today!

Tomorrow is the first physical Mello event in a long time. This will be a great chance to meet up with fellow investors so if you can get to Chiswick, London then there are some free tickets going for the first day if you register with the code LAST30. David’s got some more information in this post.

Jack's section:

CentralNic (LON:CNIC) - I hold - positive quarterly update and the group is confident of meeting upgraded FY expectations. This is a quickly growing tech stock on 10.7x forecast rolling earnings, so it’s interesting from a valuation perspective. That’s in part because the group is only just reaching profitability after years of acquisitive activity and operational investment.

Creo Medical (LON:CREO) - not familiar with this stock. Revenue is up but the group burns a lot of cash and has yet to make a profit. It does spend on R&D, and it seems to be able to get a decent amount of funding from shareholders, which shows that some investors think its products are worth backing. It’s not my area though and the StockRank is low, so I’m passing for now.


Explanatory notes -

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Jack's section

CentralNic (LON:CNIC)

Share price: 135.8p (+3.66%)

Shares in issue: 288,660,084

Market cap: £392m

Q1 results for the three months ended 31 March 2022

CentralNIC is a global…

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