Just to remind you all that it is our first Mello Monday of 2015 this evening at SeaSalt so here are the full details and hoping you can join us again....Lord John Lee will be joining us and discussing his three favourite stocks going into the year ahead..

Monday 19th January...Mello Monday @SeaSalt

From 6pm for drinks then 7pm presentations and dinner at 8.30pm

At the SeaSalt restaurant in Beckenham (www.mellomeeting.com)

The company presenting will be HML Holdings (HMLH) one of my five companies picked in the Stockchallenge for 2015 so I really hope it gets off to a good start with a convincing presentation by Robert Plumb the CEO and James Howgego the FD.

What do HML do ? Basically provide all the services related to Property Management - they say they are one of the leading independent property management service providers in the country and have nearly 50,000 units under management from 12 offices which makes them the second largest. This is my specialist subject if appearing on Mastermind (not likely!) and I know many of you have small property portfolios so I am sure there will be questions from the floor.

As well as a complete property management service, they offer building surveying, insurance broking, management and employment of site staff, health and safety inspections and company secretarial services.

The Market Cap is just £12.5million (at 33p) and they regularly buy smaller management companies as part of their expansion strategy. The Yield is a minimal 1% and historic PE is 12 but going forward is just 10 on this year's expected figures from FinnCap which I think will be beaten due to recent acquisitions this past six months.

Anyway forecast EPS Growth of 40% and a PEG 0.34 is not to be sniffed at. The PE ratio drops to nine in the year to March 2016 but once again I am confident that could be upgraded in the coming months. Last year there was 16% growth of which 8% was organic. FinnCap have 12% growth pencilled in for year to March 2015 and they did 16% H1 (compared to H1 previous)so currently ahead. FinnCap have a target price of 45p and I think 50p absolute minimum and this is a steady business that performs no matter…

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