Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on TASTY PLC. We currently have 5 research reports from 1 professional analysts.
|14Dec16 12:12||RNS||Issue of Equity|
|02Dec16 10:49||RNS||Admission and Director Dealings|
|01Dec16 11:14||RNS||Result of General Meeting|
|08Nov16 17:13||RNS||Posting of Circular|
|06Sep16 07:00||RNS||Half-yearly Report|
|07Jun16 11:36||RNS||Agreement of New Debt Facility|
Frequency of research reports
Research reports on
N+1 Singer - Small-cap quantitative research - Consistent growth screen refresh + “11 with legs”
29 Sep 16
We have performed a second refresh of our consistent growth screen, first established with our research note of 17 December last year. As previously, the screen produces a basket of 25 stocks that exhibit not only good growth in EPS and sales, but also a consistency of growth in both measures each year. This basket, or style, has underperformed the small-cap benchmark by 9.1% since inception last December, and by 4.8% since the last refresh on 13 April. We highlight stocks leaving and joining the basket and take a closer look at 11 stocks “11 with legs” in the refreshed screen. We will continue to monitor performance of the basket and refresh it again in about 4 months’ time, but interestingly, consistent growth is beginning to look like consistent underperformance!
Consistent Growth Screen refresh + “11 with legs”
15 Apr 16
We have re-run our consistent growth screen, first established with our research note of 17 December last year. As previously, the screen produces a basket of 25 stocks, which exhibit good growth in EPS and sales. The screening criteria address both the quantity AND quality of growth. Since inception last December the consistent growth basket has underperformed the small-cap benchmark by 3.1pp. We highlight stocks leaving and joining the basket and take a closer look at 11 stocks “11 with legs” in the refreshed screen. We will continue to monitor performance of the basket and refresh it again in 3-4 months’ time.
17 Dec 15
BROOKS MACDONALD GROUP PLC (BRK LN) | CAMBRIA AUTOMOBILES PLC (CAMB LN) | DOTDIGITAL GROUP PLC (DOTD LN) | ELEMENTIS PLC (ELM LN) | HAYWARD TYLER GROUP PLC (HAYT LN) | INSPIRED ENERGY PLC (INSE LN) | IOMART GROUP PLC (IOM LN) | MORTGAGE ADVICE BUREAU HOLDI (MAB1 LN) | REDDE PLC (REDD LN) | TASTY PLC (TAST LN) | TRACSIS PLC (TRCS LN) | TRIFAST PLC (TRI LN) | VERTU MOTORS PLC (VTU LN)
New Screen – Consistent Growth + “11 with legs”
17 Dec 15
To represent the theme of “Consistent Growth”, we introduce our second basket of small-cap stocks selected by a screening process. This will sit alongside our first (deep value) basket introduced and described in our note dated 26th May 2015 (Our first screen – 10 deep value stocks to consider). The screening criteria address both the extent AND the quality of growth in EPS and sales, which we consider add a worthwhile additional element to stock selection. The process results in a basket of 25 stocks, the performance of which we will track over time, allowing comparison of investment styles, but also highlighting interesting companies. We have taken a closer look at 11 stocks “11 with legs” (see list on the right) in this screen.
20 Feb 17
Hayward Tyler Group* (HAYT): Trading update and financial position (CORP) | Petra Diamonds (PDL): Interim results (BUY) | Gemfields* (GEM): Interim results (CORP) | Premaitha Health* (NIPT): Middle East momentum (CORP) | Sound Energy (SOU): Acquisition update and TE-8 well spud (HOLD) | Proactis* (PHD): Interim trading on track (CORP) | 7digital* (7DIG): Automotive contract win (CORP)
The Slide Rule
12 Jan 17
What is The Slide Rule? The Slide Rule has been designed to dramatically simplify the identification of the best companies in the UK small/mid-cap sector by making a quantitative assessment of the relative potential of each company. At its core, The Slide Rule aims to identify those companies that create genuine shareholder value through strong returns on capital and solid growth, but also present a value opportunity with the potential tailwind of earnings momentum. Companies are assessed within a Quality, Value, Growth and Momentum (QVGM) framework.
The Crown Joules
15 Feb 17
We believe that own-brand retailers that operate a balanced multi-channel proposition will be well placed to prosper in a competitive apparel market going forward. Joules is one company in particular which we believe will outperform the sector given its loyal and growing customer base, distinctive brand and strong track record of opening profitable space. We initiate coverage on the shares with a buy recommendation and price target of 249p, implying upside of 16.9% over the prevailing market price.
N+1 Singer - Carpetright - Recovery has just begun
17 Feb 17
With UK LFLs up 6.8% in Jan against tough comparatives, and Europe LFLs up 5.4% in Q3, the first clear evidence is now visible that the transformation strategy is gaining momentum. Given some uncertainties, market forecasts are yet to reflect this, but upgrades seem likely as further initiatives are rolled out. Despite a recent bounce from its all time low, the valuation is still very low on consensus assumptions, where risk now appears to be shifting to the upside. With scope for re-rating too, our 300p target price has the scope to grow to 500p over 18 months. We re-initiate with a Buy.
Panmure Morning Note 19-01-2017
19 Jan 17
Pets at Home have released a Q3 trading update this morning that will disappoint the market. Group like-for-like revenue growth was just +0.1% through 3Q16 as subdued trading across the Merchandise business weighed on continued strong growth in Veterinary Services. Profit outlook for FY17 remains in line with expectations. Suspect the shares will come under pressure.