magazine archive
magazine archive
Big News
Airline sector still in the danger zone as cost and operational pressures intensify
Thursday 04 Oct 2018Dark clouds have been gathering over the airline industry this year amid rising costs, pricing pressures and disruption from various strikes including air traffic Table1, cabin crews and pilots. Some companies like EasyJet ( EZJ ) are managing to overcome these problems, yet others such as Ryanair...
Brexit tensions stoked as political storm clouds gather
Thursday 27 Sep 2018Political risk continues to be front and centre for investors in 2018 with the risk of a disruptive no-deal Brexit on the rise after a tense EU summit in Salzburg which, in the words of prime minister Theresa May, have left negotiations at an impasse. Some observers suggest the prospect of a Labour...
BAE Systems finally gets jet fighter green light
Thursday 27 Sep 2018Defence contractor BAE Systems ( BA. ) has received initial payment from the Qatari government that means it can finally begin work on a jet fighter contract worth around £5bn. The agreement will see the UK expert supply the Middle Eastern state with 24 Eurofighter Typhoon fighter jets and nine...
Will Aston Martin shares be a luxury you can’t afford?
Thursday 27 Sep 2018There are concerns that luxury car brand Aston Martin will be just too expensive when it joins the stock market in early October. The pricing range of the IPO, offering 25% of the business at between £17.50 and £22.50 per share, implies a valuation at the top end of a little more than £5bn. The...
Sit tight with Randgold as it may attract a counter bid to Barrick's merger proposal
Thursday 27 Sep 2018We believe Randgold Resources’ ( RRS ) proposed nil-premium merger with Barrick Gold is a bad deal for shareholders. Sit tight and see how the situation plays out, as there is potential for a counterbid now that the miner is ‘in play’. Anglogold and Newmont look more suited to a tie-up with...
Woodford Patient Capital springs back to life
Thursday 27 Sep 2018Woodford Patient Capital Trust ( WPCT ) has been given a welcome share price boost after portfolio holding Industrial Heat benefited from a revaluation uplift of 357% to $112.9m. The news resulted in an 8.8% increase in Woodford’s net asset value (NAV) to 99.26p, helping NAV to rise above its value...
Why the potential Uber-Deliveroo deal could be a ‘terrifying’ development for Just Eat
Thursday 27 Sep 2018Shares in online takeaway platform Just Eat ( JE. ) are languishing at a one-year low at 662.8p on reports that Uber is in talks to buy rival Deliveroo for several billion dollars. Broker Canaccord Genuity analyst Nigel Parson says the development is ‘potentially terrifying’ for Just Eat, warning a...
Is ITV about to pay £3bn for Endemol?
Thursday 20 Sep 2018Free-to-air broadcaster ITV ( ITV ) is widely reported to be in the bidding for independent production business Endemol Shine with a mooted price tag of £3bn. Probably most famous for creating the Big Brother series, Endemol is also behind TV hits like The Fall , Peaky Blinders and MasterChef . Two...
Manx plots hearing aid to boost profit growth
Thursday 20 Sep 2018Isle of Man communications network incumbent Manx Telecom ( MANX:AIM ) plans to launch a specialist mobile communications service specifically designed for the approximately 11m Brits that struggle with hearing difficulties. Analysts are confident this could provide the company with a valuable...
Mining sector down nearly 13% this year on multiple headwinds
Thursday 20 Sep 2018The FTSE 350 mining sector has disappointed investors this year, down 12.7% in value. Most companies should have been in better financial and operational shape, having streamlined over the past five years following the previous commodities crash. Unfortunately a multitude of factors have weighed on...