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magazine archive
Big News
Diageo’s potent Chinese brew
Thursday 07 Sep 2017China Daily reports (29 Aug) that drinks giant Diageo ( DGE ) has appointed beer behemoth AB InBev as the exclusive distributor for Guinness in mainland China under a five year deal covering on-trade and off-trade alike. Positive for one of our running Great Ideas selections, the tie-up could see...
BT payout ‘not’ threatened
Thursday 07 Sep 2017Numis has ruled out any threat to BT’s ( BT.A ) dividends and has crunched the numbers to prove the point. ‘BT’s underlying free cash flow is much more substantial than some assert, so the dividend is not under threat,’ states John Karidis. His calculations based on pension obligations, one-offs...
Uranium miners in hot demand after financial breakthrough
Thursday 07 Sep 2017Two important developments among junior uranium miners are worth closer inspection as they put the companies in a stronger position to bring their respective mines into production. However, a weak uranium price may weigh on market sentiment towards their share prices near-term. Berkeley Energia (...
When will developed economies be removed from life support?
Thursday 31 Aug 2017Overshadowed by the devastation wrought by Hurricane Harvey in Texas and North Korea firing a missile over Japan, the Jackson Hole meeting of central bankers in Wyoming in late August is interesting for what was not said as much as what was said. The action of North Korea in launching an...
Chemring can benefit from Trump’s Afghanistan push
Thursday 31 Aug 2017US President Donald Trump’s impassioned speech to troops at Fort Myer military base in Arlington Virginia on 21 August is potentially encouraging for investors in munitions manufacturer Chemring ( CHG ) . His promise to ensure his troops ‘have every weapon to apply swift, decisive and overwhelming...
CentralNic’s Slovak profit boost
Thursday 31 Aug 2017Analysts calculate CentralNic’s ( CNIC:AIM ) latest acquisition could boost its earnings before interest, tax, depreciation and amortisation (EBITDA) run rate by 33%. CentralNic manages and sells top level domain names such as the .com or .co.uk part of website addresses. The €21.3m deal to buy SK-...
Computacenter comes good on cash return promise
Thursday 31 Aug 2017IT services business Computacenter ( CCC ) has unveiled plans to return approximately £100m to shareholders before Christmas. The pledge will see shareholders receive approximately 83p per share on top of the 23.6p ordinary dividend forecast for the year to 31 December 2017. A payment of this scale...
Another bid for M.P. Evans?
Thursday 31 Aug 2017M.P. Evans ( MPE:AIM ) has invested in a new Indonesian oil-palm project in East Kalimantan which more than replaces the share of planted land lost through January’s US$100m Agro Muko disposal. The acquisition (29 Aug) brings young palms with strong future crop growth into the M.P. Evans fold and...
Economic impact of Hurricane Harvey
Thursday 31 Aug 2017As well as leading to between $1bn and $2bn in insured property losses in Texas, Hurricane Harvey is expected to have a material impact on the US economy. Investment bank UBS says initial claims for unemployment benefits from the affected region ‘could soar’. The energy sector which dominates the...
High hopes for imminent Appscatter IPO
Thursday 31 Aug 2017Analytics firm Appscatter could prove a big hit when it joins the stock market on 5 September if significant institutional demand to take part in its IPO fundraising is anything to go by. The app distribution platform originally set out to raise £5m at its AIM listing but has now secured £9m due to...