magazine archive
magazine archive
Big News
Wait for return of China panic to buy miners
Thursday 16 Feb 2017The best time to buy mining stocks is when the market is worried about China, according to Haitong Securities analyst Andrew Keen. And that is not now. The analyst believes the mining sector is broadly 20% overvalued at present and ‘vulnerable to deterioration in news flow from commodity markets in...
Motor insurers braced for Ogden hit
Thursday 16 Feb 2017The Government is poised to announce a change in the rate used by courts to work out compensation payments for victims of car accidents. This could have a significant impact on motor insurers and their share prices. Our preferred name in this space, Hastings ( HSTG ) , looks relatively unaffected...
Pawnbroker among names headed for UK stock market
Thursday 09 Feb 2017Pawnbroker Ramsdens is to float on the stock market in the coming weeks along with a trio of larger healthcare and property related companies. The Middlesborough-headquartered business, which also sells jewellery and offers a mix of other financial services, has raised £15.6m from institutions...
Accesso is profit boost
Thursday 09 Feb 2017Attractions and theme park ticketing, queuing and payments technology specialist Accesso Technology ( ACSO:AIM ) says it will beat profit expectations for 2016. This is welcome news after a slow start to the second half as poor weather in the US hit attractions attendances. Accesso is also...
Scope for upgrades at Spectris
Thursday 09 Feb 2017Industrial controls and productivity kit supplier Spectris ( SXS ) could deliver an upside surprise to earnings when it posts full year 2016 results on 14 February. Some analysts see the potential for a rough 5% outperformance versus consensus despite a challenging market backdrop. Consensus is...
Stunning rise for Velocys
Thursday 09 Feb 2017Shares in smaller scale gas-to-liquids play Velocys ( VLS:AIM ) are now up by more than 170% since we flagged them as one of our key selections at 60p in September 2016. The rise has been driven by the results of a strategic review in December and the maiden delivery on 6 February of product from...
Banking rally not justified by the facts
Thursday 09 Feb 2017The market is beginning to price in a more lax regulatory environment for the banking industry as US president Donald Trump sets in motion proposals to scale back rules across the Atlantic. We think investors should resist the temptation to hitch a ride by investing in UK banks. There are few...
Glanbia is a nutritious pick for your portfolio
Thursday 09 Feb 2017Global nutrition group Glanbia ( GLB ) has invested €181m in two highly complementary acquisitions (6 Feb). These deals highlight the strategic attractions of nutrition assets, as we outlined in our look at Science in Sport ( SIS:AIM ) – see Big News, 02 Feb 2017 . Kilkenny-headquartered Glanbia...
Diversified Gas & Oil’s dividend delights
Thursday 09 Feb 2017The biggest oil exploration and production IPO (initial public offering) since the oil price collapse in 2014 is set to be something of a rare beast in the sector as it plans to pay a generous dividend. The uniqueness of its proposition helped US-focused Diversified Gas & Oil ( DGOC:AIM ) raise...
Gambler’s profits at stake
Thursday 02 Feb 2017Bookies Ladbokes Coral ( LCL ) , Paddy Power Betfair ( PPB ) and William Hill ( WMH ) shrugged off a renewed call (31 Jan) from the all-party parliamentary group for a £2 staking limit on fixed-odds betting terminals. The report’s findings were leaked in December. Broker Davy argues that ‘while the...