magazine archive
magazine archive
Big News
Abzena poised for big growth
Thursday 01 Jun 2017Numis is excited about life sciences group Abzena ( ABZA:AIM ) ahead of its full year results on 13 June 2017, which is expected to reveal strong top-line growth of 40%. Stefan Hamill from Numis believes that investors can more than double their money over the next year with a target price of 93p...
Vodafone nudges closer to Liberty deal
Thursday 01 Jun 2017V odafone ( VOD ) may be increasing the volume of overtures to a key acquisition target. The mobile network business is believed to be mulling a tie-up with US media and communications group Liberty Global, the owner of the UK’s Virgin Media. Vodafone’s interest is likely to involve Liberty’s UK...
Cranswick sizzles as analysts raise profit forecasts
Thursday 25 May 2017Solid full year results (23 May) from sausages, pork and poultry supplier Cranswick ( CWK ) prompt Investec to upgrade its pre-tax profit forecast by 5.5% for both 2018 (now £82.3m) and 2019 (now £84.1m). The decent performance was down to organic gains and contributions from recent acquisitions...
Revolution Bars has a major credibility problem
Thursday 25 May 2017We believe there are elevated risks to the Revolution Bars ( RBG ) investment case following a profit warning. Do not buy the shares at 122.01p as a recovery trade until there is evidence problems facing the cocktails-to-food specialist can be fixed. We fear that the company could have another...
Where to reinvest your National Grid cash
Thursday 25 May 2017There will be a lot of happy faces across the UK on the morning of Friday 2 June as a hefty amount of money is added to ISAs and SIPPs (self-invested personal pensions). That’s the day when the UK’s largest listed utility company, National Grid ( NG. ) , gives its shareholders a combined £3.2bn...
New growth plans for Entertainment One
Thursday 25 May 2017Media group Entertainment One ( ETO ) is to reduce the quantity and increase the quality of its film productions, leaning more heavily on partnerships such as Steven Spielberg’s Amblin production firm. Other initiatives spelled out at results on 23 May include accelerating growth in its music...
FTSE 100 dividends ‘to rise’ 7% a year
Thursday 25 May 2017Investors can expect a sharp rise in dividends paid out by FTSE 100 constituents for the coming three years according to Societe Generale. The investment bank’s median estimates point to a decent 7% dividend growth rate per year into 2019. Dividend estimates for UK blue-chips have been upgraded...
Gemfields in low-ball takeover approach
Thursday 25 May 2017The majority shareholder of Gemfields ( GEM:AIM ) wants to acquire the emeralds-to-rubies miner on the cheap. Pallinghurst has tabled a nil-premium bid equal to 38.5p per share. It has already exceeded the 75% minimum support level for the offer, meaning it can technically push to delist the...
Berenberg’s top mid-cap stock picks
Thursday 25 May 2017Gambling marketer XLMedia ( XLM:AIM ) and car dealer Pendragon ( PDG ) are among Berenberg’s top picks for UK mid-cap value stocks. The investment bank thinks these stocks, plus a few others, still offer decent upside to investors despite the broader stock market having already rallied this year...
Imagination facing fight for independence
Thursday 18 May 2017The long-term independent future of UK graphics chip designer Imagination Technologies ( IMG ) looks increasingly in doubt. The Hertfordshire-based company is facing a potentially long and expensive battle with Apple, which has announced plans to cut intellectual property (IP) ties with Imagination...