Good morning, it’s Paul here.
EDIT at 12:40 – today’s report is now finished.
I hope all subscribers had a wonderful Christmas break. I rather like having the one day today, when we can re-engage our brains, and have a small adrenaline shot from the market, before the weekend!
There were no results or trading updates today, at 7am. Then an AIM minnow called Univision just released interims;
Univision Engineering (LON:UVEL)
Share price: 2.0p (up 8% today, at 10:01)No. shares: 383.7mMarket cap: £7.7m
Interim results
UniVision (AIM: UVEL), the Hong Kong based Group whose principal activities are the supply, design, installation and maintenance of closed-circuit television and surveillance systems, and the sale of security related products, is pleased to announce its unaudited interim results for the six months ended 30 September 2019.
As regulars know, I very rarely invest in overseas companies listed on AIM, because so many of them seem to go wrong, sooner or later.
Interim profitability is down on last year, at £178k vs £1012k in H1 LY.
Revenues have fallen from £6.4m to £5.0m in H1 vs LY H1.
Outlook – It expects a better H2 though;
For the reasons outlined below, the Company…
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