…and some to hold, avoid or sell

Alumasc Group Investors Chronicle

This building materials manufacturer has been hit by severe winter weather, builders’ delays and the insolvency of Carillion. Management is upbeat about overseas growth, but 87% of revenues are Uk-derived. Sell. 137p.

Coats Group The Daily Telegraph

The industrial sewing threads-maker is benefiting from higher selling prices, ongoing cost controls and debt refinancing. Shares are not cheap, but profit momentum is “gathering nicely”. Hold. 83p.

Equiniti Group The Mail on Sunday

The Uk-focused payment services provider is growing strongly, and shares have soared 80% in 20 months. The recent US acquisition of Wells Fargo Shareowner Services brings prestigious clients and adds momentum. Hold. 310p.

Fulham Shore Investors Chronicle

The group behind restaurant chains Franco Manca and The Real Greek has been focusing on new openings. But flat sales growth has prompted a profit warning. The “uncertain outlook” in the sector doesn’t bode well. Sell. 10.25p.

President Energy Investors Chronicle

The oil and gas firm has boosted its asset base and is preparing to join the Argentinian stock exchange. With decent momentum on production and exploration, shares are up 70% in a year. Take profits. Sell. 11.9p.

Telit Communications Investors Chronicle

The “internet of things” specialist suffered a “series of disastrous events” in 2017 with a fall into the red and the exit of CEO Oozi Cats. The latest profit warning suggests the worst may not be over. Sell. 162.6p.