Good morning from Paul amp; Graham!
Agenda -
Paul's Section:
SThree (LON:STEM) - I've lined up another of my CEO audio interviews today. These are only occasional, when I approach companies that I think look good, and are trading well, and reasonably priced. We've covered STEM positively here all this year, as it has issued repeated ahead of expectations updates. So I thought it would be interesting to talk to management and learn a bit more about the company. I'm recording it at 15:00, so it should be published here at about 16:00, and will come up automatically on my podcast channel.
Motorpoint (LON:MOTR) - quite a nasty profit warning, with broker forecasts slashed by 50-60% this morning. The company tries to explain it as being about "investments" for growth, but I suspect the market is about to take a dim view of this update (am writing this just before the market opens). With profits now largely disappearing, and not much asset backing, it's a lot harder to feel bullish about this share in the short term.
Victorian Plumbing (LON:VIC) - one of many bombed out eCommerce shares. Today's update sounds encouraging, being ahead of (lowered) expectations. I like the...
