magazine archive
magazine archive
Big News
What snap UK election means for investors
Thursday 20 Apr 2017The political shocks which have dominated the last 12 months just keep on coming. We now have Theresa May announcing plans for a snap General Election on 8 June, triggering a rally in sterling and weakness in the FTSE 100 index. Based on a 21 point lead in the polls, some market commentators...
Blue Prism is in a sweet spot with earnings growth
Thursday 20 Apr 2017Analysts have upgraded earnings forecasts for software robotics specialist Blue Prism ( PRSM:AIM ) six times since it floated on the stock market just over a year ago. This pace of upgrades is extremely rare, in our opinion. New orders are coming from both existing and new clients – and that’s...
Mediclinic upbeat about Middle East turnaround
Thursday 20 Apr 2017Global private hospital group Mediclinic ( MDC ) is more optimistic about its struggling Middle East division. The firm has also dodged a proposed tax levy in Switzerland. On 10 April the canton of Zurich, a federal state of Switzerland, rejected a proposed levy on the proportion of privately...
Tenpin bowling group returns to UK stock market
Thursday 20 Apr 2017The boss of newly-floated tenpin bowling group Ten Entertainment ( TEG ) insists the business is completely different than when it traded on AIM under the name of Essenden. He says the £107m business now has a competitive advantage through the use of technology and a clear path to achieve the...
Gfinity wins racing tournament rights
Thursday 20 Apr 2017AIM-quoted eSports minnow Gfinity ( GFIN:AIM ) will run the Forza Racing Championship Xbox competition for technology giant Microsoft under an exclusive partnership deal. Shares in Gfinity, which promotes ‘live’ computer gaming tournaments around the world, jumped more than 10% on the news to 21...
Still time to enjoy the rally in US stocks
Thursday 13 Apr 2017Investment bank Morgan Stanley says there is still mileage in buying US shares despite headline indices such as the S&P 500 and Dow Jones Industrial Average trading close to record highs. The bank’s equity strategy team believe the cyclical upturn which began a year ago has less to do with the...
Why Motif Bio’s share price could jump soon
Thursday 13 Apr 2017Positive data from Motif Bio’s ( MTFB:AIM ) Phase III trial in the second quarter of 2017 could result in US and European approval for its antibiotic drug iclaprim and boost the shares. Motif Bio develops novel antibiotics to tackle life-threatening infections caused by multi-drug resistant...
JD Sports is a knock-out performer
Thursday 13 Apr 2017Retail star turn JD Sports Fashion ( JD. ) is winning another round of earnings upgrades after forecast-busting full year results (11 Apr). Encouragingly, the core JD brands are set fair for the future given a continuing boom in athletic inspired footwear and clothing. Inflationary pressures are...
FCA cracks down on market abuse
Thursday 13 Apr 2017The Financial Conduct Authority (FCA) is imposing bans and fines on former employees of spread betting business WorldSpreads. The company was quoted on AIM before its collapse in 2012. Finance chief Niall O’Kelly was fined £11,900 after omitting ‘key information’ and adding ‘misleading’ details to...
Mothercare success likely to be shortlived
Thursday 13 Apr 2017Having delivered 4.5% growth in fourth quarter UK like-for-like sales, babywear purveyor Mothercare ( MTC ) has raised hopes of a viable turnaround. We still see forecast risk to the downside given the inflationary and competitive headwinds facing the UK business. Further quarterly UK like-for-like...