magazine archive
magazine archive
Big News
Let travel stocks put a smile on your face
Thursday 15 Dec 2016Travel-related stocks are starting to look interesting as nearly all UK-listed tour operators and package holiday groups have reported good financial results over the past few months, despite tough market conditions. The outlook is also good with favourable comments on trading from many parts of...
Time to shop for Sports Direct
Thursday 15 Dec 2016Negative sentiment towards sportswear giant Sports Direct International ( SPD ) looks overdone at 282.5p. While the near-term outlook is challenged, Mike Ashley’s charge does have some strengths. Half year results (8 Dec) were admittedly dire, a 57% slump in pre-tax profit to £71.6m reflecting...
Takeovers, disposals and clampdowns
Thursday 15 Dec 2016A flurry of corporate news is keeping investors on their toes in the run up to Christmas. Profit warnings, takeovers, regulatory crackdowns and asset sales have dominated the stock market agenda over the past few weeks. Takeover time The most substantial development is the £18.5bn takeover approach...
Three reasons to like SSE
Thursday 08 Dec 2016There are three compelling reasons to buy shares in FTSE 100 energy supply business SSE ( SSE ) : yield, renewable growth and power generation upside, plus its inflation-busting properties. The utilities team at UBS believe there is scope for the stock to rally more than 10% on their base case...
Cambian’s dividend cheer
Thursday 08 Dec 2016Behavioural health service provider Cambian ( CMBN ) is selling its adult business for £377m to American hospital management company Universal Health Services (UHS:NYSE) This deal should return the business to rude health. Significantly, the proceeds will repay Cambian’s £293m of debt in full and...
Why Telford is our pick of the housebuilders
Thursday 08 Dec 2016Despite a growing debt pile we prefer AIM-quoted housebuilder Telford Homes ( TEF:AIM ) to its larger peer Berkeley ( BKG ) as it is better positioned for the dynamics of the London property market. Both stocks have been hit by the sector-wide sell-off sparked by the Brexit vote, yet they are very...
Data dumping boon for Blancco
Thursday 08 Dec 2016Data erasing business Blancco Technology ( BLTG:AIM ) is on track to grow profit by 35% to 40% this year as organisations come to terms with the need to effectively manage confidential digital data. With a new mobile diagnostics revenue line coming on stream through its full ownership of the...
Begbies’ boost ahead of results
Thursday 01 Dec 2016UK corporate insolvencies increased year-over-year in the third quarter of 2016 for the first time since 2011 – bad news for everyone apart from Begbies Traynor ( BEG:AIM ) . We previously flagged insolvency practice Begbies as a value stock with the potential for substantial earnings growth from a...
Haydale seals deal
Thursday 01 Dec 2016Haydale Graphene Industries ( HAYD:AIM ) has struck a major deal with Huntsman (HUN:NYSE) , a $4.6bn billion chemicals business. Huntsman has secured the exclusive rights to market, distribute and sell a range of its resins including Araldite that have been strengthened via Haydale’s graphene...
Italy’s banking stand-off weighs on markets
Thursday 01 Dec 2016B anca Monte Paschi di Siena (BMPS:BIT) is the world’s oldest surviving bank though that record looks increasingly in jeopardy. Struggling with non-performing loans, BMPS has laid out new financing plans valued at €5bn (£4.2bn) which may be put under threat by uncertainty around a 4 December...