Jeremy Grime | Sep 19, 2019 09:30
h2 Charles Taylor PLC (LON:CTR) – Cash Offer/h2 Share Price 235pMkt Cap £183mConflict Disclosure: No Holding
Share Price 578p
Mkt Cap £2,137m
Conflict Disclosure: I Hold
Conclusion – There are cynics who doubt the performance of the companies targets, but this provides reassurance. Australia was 15% of revenue last year and this may come under pressure but I suspect all these companies will recover over time. 2022 forecasts are considerably lower than the companies guidance and the company trades at 11.4X the 2022 forecasts. There may yet be upside on forecasts and in the meantime there is a useful yield.
Share Price 166p
Mkt cap £184m
Conflict Disclosure: I Hold
Conclusion This company rather prides itself on being dull which it is delivering on. Useful yield. I suspect the share price will follow the earnings.
h2 Tungsten Corporation PLC (LON:TUNG) – Q1 Update/h2Share Price 44p
Mkt Cap £56m
Conflict Disclosure: No Holding
Conclusion This company is looking dangerously like it has passed through the eye of the needle. While we can’t discount entirely the possibility of an equity issue the valuation could double if the current improvements continue.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.