Ian Pollard – Sainsbury #SBRY, Asda & Walmart – Merger Banned To Prevent Price Increases
J Sainsbury plc and Asda. The proposed merger between Sainsbury”s and Asda has been prohibited by The Competition and Markets Authority in its final report published today. As a result, Sainsbury’s, Walmart and Asda have mutually agreed to terminate the transaction.The reasoning behind the prohibition is that the proposed merger would result in increased prices […]
Brand CEO Alan Green talks Salt Lake Potash #SO4, Enquest Retail Bond #ENQ1, Fidelity Global Tech Fund & Bluefield Solar Income #BSIF on Vox Markets podcast
Brand CEO Alan Green discusses Salt Lake Potash #SO4, Enquest Retail Bond #ENQ1, Fidelity Global Tech Fund & Bluefield Solar Income #BSIF with Justin Waite on the Vox Markets podcast.
Ian Pollard – Allied Bakeries, part of AB Foods #ABF Loses Out On Price “Discussions”
Assoc. British Foods ABF claims that its results for the 24 weeks to the 2nd March are robust, with statutory profit before tax down by 15%, basic earnings per share by 19% and profit at AB Sugar down substantially. Say no more ! Grocery did produce strong underlying growth, with good momentum, Primark reverted to […]
Andrew Hore Quoted Micro 22 April 2019
NEX EXCHANGE IMC Exploration Group (IMCP) has published the prospectus for its move to a standard listing. No fundraising is planned to accompany the flotation. Management believes that IMC has enough working capital for 12 months. There was €152,878 in cash available at the end of January 2019. This takes account of the statutory spending […]
LocoSoco Group Plc #LOCO – Letter to Shareholders
LocoSoco Group PLC 3rd Floor, 86-90 Paul Street London EC2A 4NE 18th April 2019 Dear Valued Shareholder, I wanted to thank you for your continuing support and give you an update on all things LocoSoco. We successfully listed on Wiener Borse on 12th February 2019 with a list price of 0.29 euro cents. […]
Ian Pollard – Telecom Plus #TEP Delivers New Records
Telecom Plus TEP delivered record revenue, profits and dividends in the year to the 31st March, with growth and momentum becoming significantly faster. The impact of a warm winter and the Ofgem price cap have led to expectations that pre-tax profits will be towards the lower end of previous guidance at around £56m. For 2020 […]
A sustainable future for local shops – LocoSoco Group Plc #LOCO
Local shops are a focal point for any community. They are part of its history and part of its story. Without them our villages and towns become simple dormitories but sadly they are closing at an alarming rate. Independent traders are having to shut up shop due to the punishing economics created by out of […]
Ian Pollard -“Robust” Card Factory #CARD Sees Profits Fall 8.3%
Card Factory plc CARD claims a robust performance in a challenging consumer environment for the year to the 31st December. Unfortunately looking at the actual figures, robust must mean different things to different people.. True, revenue rose by 3% although on a like-for-like basis sales were flat. However profit before tax fell by 8.3%, EBITDA […]
Iron ore prices surge on renewed uncertainty over Brazilian and Australian supply
Article by Business Insider – April 1st 2019 Iron ore spot markets rose strongly across the board on Friday. Uncertainty over supply disruptions in Brazil and Australia, along with firmer steel prices, likely explain the size of the gains recorded during the session. China’s official manufacturing and non-manufacturing PMIs both improved in March compared to […]
Ian Pollard: Sanderson Sees Double Digit Growth
Sanderson Group plc SND Half year trading results to the end of March, are ahead of management’s expectations with revenue growing to approximately £17.0 million from last years £14.6 million and operating profit increasing by over 30% to £2.8 million from last years £2.1 million. Digital Retail has continued to perform strongly during the six months and achieved […]