Edison Investment Research

KEFI Minerals plc (KEFI): Senior management team expanded.

Stock up 5.5% as at 09:14

Senior management team expanded to assist in operations in the Arabian Nubian Shield.

Palace Capital PLC (PCA): Sale of residential properties

Stock up 0.6% at at 09:14

PCA has begun selling off residential properties from a recent acquisition, choosing to focus the portfolio on commercial, higher income producing properties.

Euromoney Institutional Investor PLC (ERM): Trading update for October 1 to December 31, 2017

ERM sees good revenue growth for the quarter although dollar strength will weigh on future revenues. Net debt reduced by more than two thirds.

Petro Matad Ltd (MATD): Summary of the Company’s planned 2018 well drilling programme.

Stock up 1.6% as at 09:14

MATD awaits shareholder approval for equity placing which will fund drilling for an expected 390MMbo recoverable potential.

Low & Bonar PLC (LWB): Trading Update and Appointment of CEO

Stock up 7.4% as at 08:10

Underlying profit growth in B&I and I&T offset by disappointing performance in CE and lower than anticipated performance in CTT. Weak demand left LWB with higher than expected working capital and increased net debt as a result.

Polypipe Grp PLC (PLP): Potential sale of French operations

Stock up 0.2% as at 08:10

Polypipe announces it intends to sell its French subsidiary, using the proceeds to focus efforts on other areas of the business.

PPHE Hotel Grp Ltd (PPH): Trading update for year ended 31 December 2017

Trading in line with expectations. Revenue metrics improved y-o-y and funds were raised in capital markets to finance future acquisitions. Daniel Kos replaced Chen Moravsky as CFO on 1 January 2018

Ultra Electronics (ULE): Update on Sparton merger

Stock down 0.8% as at 08:10

Ultra and Sparton agree extension of initial long stop date pending antitrust approval with the DOJ.

discoverIE Group plc (DSCV): Third Quarter Trading Update to 31 December 2017

Stock up 0.9% as at 08:10

Strong organic growth in third quarter driven by the high margin Design & Manufacturing segment. Trading in the third quarter continued strongly and the Group remains on track to deliver its full year performance in line with management’s expectations.

Edison KOL Call

Acne

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