magazine archive
magazine archive
Big News
Huge IQE upside if Apple talk is true
Thursday 22 Jun 2017There is emerging speculation that technology designed by compound wafer company IQE ( IQE:AIM ) could feature in the new Apple smartphone, the iPhone 8. If true, this could have substantial earnings implications for the company, and possibly see the share price more than double from current 87.25p...
What Amazon’s Whole Foods deal means for UK grocers
Thursday 22 Jun 2017A shock $13.7bn (£10.8bn) swoop (16 Jun) on organic grocer Whole Foods Market by Amazon has caused jitters among UK-listed grocers. Shares in Tesco ( TSCO ) , Marks & Spencer ( MKS ) and Sainsbury’s ( SBRY ) swooned on the news, as the putative Amazon-Whole Foods tie-up demonstrates the tech...
How bad is Barclays’ trouble with the SFO?
Thursday 22 Jun 2017Barclays ( BARC ) and some of its former executives are being charged with fraud by the Serious Fraud Office (SFO) over deals struck with Qatar during emergency cash calls to avoid entering state ownership at the height of the financial crisis in 2008. This is the first time that criminal charges...
New South African rules to hit miners’ earnings
Thursday 22 Jun 2017A new mining charter in South Africa is more onerous than expected and implies that companies could have a reduced share of profit and suffer higher costs. Miners have 12 months to ensure a black economic empowerment ( BEE ) group owns at least 30% of their mining assets in South Africa, up from...
Get 6% dividend yield from new renewables fund
Thursday 22 Jun 2017Investors are being given the opportunity to back clean energy demand growth and get a 6% dividend yield thanks to the imminent stock market listing of Greencoat Renewables . The newly-incorporated investment business is hoping to raise up to €250m (£220m) ahead of floating on AIM in mid-July...
Merlin flags reduced demand for its UK attractions
Thursday 15 Jun 2017Shares in Legoland operator Merlin Entertainments ( MERL ) are under pressure as terrorist attacks deter the public from travelling which has dampened trading at its UK attractions. The company is confident the UK market will bounce back and reminds investors that more than 70% of its profit last...
Ashtead results fail to impress
Thursday 15 Jun 2017Full year results (13 June) from construction equipment rental firm Ashtead ( AHT ) failed to wake its share price out of its slumber as the company failed to include detailed comment on the new financial year. Analysts couldn’t find any reason to push through large earnings upgrades, perhaps...
Stanley Gibbons goes under the hammer
Thursday 15 Jun 2017‘Comprehensively restructured’ stamp dealer-to-rare coins auctioneer Stanley Gibbons ( SGI:AIM ) has appointed FinnCap to carry out a full strategic review which could lead to ‘a sale of some or all of the group’. One interested party is Disruptive Capital Finance, chaired by former Boris Johnson...
Dixons Carphone ends US dash
Thursday 15 Jun 2017Dixons Carphone (DC. ) says it is selling its 50% stake in a joint venture with mobile network Sprint, citing a ‘changing US mobile market landscape’ for the move. US expansion scope has been one investment attraction of the electricals and mobile phone retail titan, which inked its deal to open...
Polyus makes rapid return to London market
Thursday 08 Jun 2017Russian gold miner Polyus is to return to the UK stock market nearly two years since delisting from the London Stock Exchange. The $9.9bn business is big enough to be in the FTSE 100 but won’t have a large enough proportion of shares listed in London or the right type of listing to qualify for the...