Stock updates: NTC, UXC and EPD

We review our recommendations for the three stocks following their interim results.

Netcomm’s share price has been weak over recent months from the lack of material contract wins, and especially due to the delay in the expected Ausnet Services (AST) work.

The half-year result included 15 per cent revenue growth and a large jump in net profit. But the market reacted negatively due to the deferral of more substantial earnings growth to FY16.

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