Good morning, it's Jack & Roland here with the SCVR for Thursday. Paul's currently at the airport, heading for some sun.

Agenda -

Jack's section:

Mpac (LON:MPAC) - robust half year statement, with acquisitions going well and trading recovering. Full year expectations are upgraded by the company and Equity Development has nudged up its forecasts. There's a fairly significant pension scheme here, and the valuation looks reasonably full, but momentum is good and the outlook suggests this is warranted.

Inspired (LON:INSE) - Improving figures from a company focusing on ESG solutions in the Energy sector. The opportunity could be big here, but the current market cap already suggests a degree of growth is priced in.

Roland’s section

Gym (LON:GYM) - this gym operator says demand has been strong since reopening, but it’s rebuilding from a lower membership base than one year ago. Is the valuation ahead of events?

Headlam (LON:HEAD) - a solid half-year has seen sales (and underlying profits) return to 2019 levels. Not the bargain it was, but still a good business at a fair price, I suspect.

Explanatory notes -

A quick reminder that we don’t recommend any stocks. We aim to cover trading updates & results of the day and offer our opinions on them as possible candidates for further research if they interest you. Our opinions will sometimes turn out to be right, and sometimes wrong, because it's anybody's guess what direction market sentiment will take & nobody can predict the future with certainty.

We stick to companies that have issued news on the day, with market caps up to about £700m. We avoid the smallest, and most speculative companies, and also avoid a few specialist sectors (e.g. natural resources, pharma/biotech).

A key assumption is that readers DYOR (do your own research), and make your own investment decisions. Reader comments are welcomed - please be civil, rational, and include the company name/ticker, otherwise people won't necessarily know what company you are referring to.

Jack’s section


Share price: 626.7p (+4.45%)

Shares in issue: 20,171,540

Market cap: £126.4m

MPAC is a specialist provider of automated packaging systems, an area very much in demand for operators looking to drive efficiencies. These products allow manufacturers across the food & beverage, healthcare, and pharmaceuticals sectors to meet regulatory…

Unlock the rest of this article with a 14 day trial

or Unlock with your email

Already have an account?
Login here