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Ian Pollard – Bonmarche #BON Rejects Takeover Bid – But Only Asks For Talks

Bonmarche Holdings BON which had seen trading become significantly weaker than expected sine the beginning of March, has rejected a takeover bid from Phillip Day’s Spectre Holdings, on the basis that it undervalues the business and its future prospects. These included a rise in the underlying loss for the year from a possible  £4.0m. to […]

Ian Pollard – WH Smith #SMWH Dividend Up 8% as High Street Slumps Again

WH Smith plc SMWH is rapidly evolving into two separate businesses one of which does not seem to be able to find the management which it seems to need. The problem is the High Street, the traditional business which keeps on trying to make a profit out of selling newspapers, books and pencils. Smiths highlights […]

Ian Pollard – #OMG Profit Up By 94% As Music Industry Surges

One Media iP Group OMG    A resurgent music industry  saw its longest period of revenue growth since the 1990s so it is no surprise that One Media Group enjoyed strong growth over the year to the 31st October 2018. Revenue rose by 16%, EBITDA by 44% and operating profit by 94%. Growth was also driven […]

Ian Pollard – Sports Direct Sweetens The Offer

Sports Direct Intl plc SPD is continuing to push its pre-conditional possible offer for Debenhams at 5p in cash per ordinary share announced on 25 March 2019 but it is now trying to add a sweetener with a proposal to Debenhams under which it would underwrite a £150 million pre-emptive equity issuance to existing Debenhams […]

Ian Pollard – Harmful MPs Blamed For Significant Brexit Damage To UK Economy

K3 Capital Group plc K3C makes no bones about the significant uncertainty being created by the countries hapless politicians and the damage they are doing to the UK’s economic and political environment in the run up to Brexit,  against what is becoming an increasingly difficult backdrop.  At least here is somebody prepared to stand up […]

Ian Pollard – Stagecoach #SGC regional mileage down but fare revenue up

Stagecoach Group plc SGC updates for the year to the 27th April that it has seen further strong trading  in its UK Rail Division, resulting in an increase in expectations for adjusted earnings per share from when interim results were announced in December. The financial performance of UK rail and Virgin rail is ahead of […]

Ian Pollard – Wizz Air #WIZZ Beats The Budgets

Wizz Air Holdings plc WIZZ which was named The Best Low-Cost Airline of the Year in the CEE region in 2018 and also received the Best Cabin Crew award, continued growing in March.15 New routes were opened and a number of new aircraft were brought into service.Seat capacity rose by 6.9%, passengers by 9.9% and […]

Livent CEO says looking to acquire lithium projects in Argentina and Australia

Article by Financial Times Lithium producer Livent is looking to acquire resources in Argentina and Australia to expand its access to raw materials to meet rising demand from electric cars, chief executive Paul Graves said. The company, which was spun out of its parent FMC and listed on the New York Stock Exchange last year, […]

easyJet Blames Brexit For Weak Customer Demand And Soft Yield – Ian Pollard

easyJet plc EZY is not really looking forward with enthusiasm to its results for the six months which ended on the 31st March. Even for its winter period things look to have been difficult. Whilst revenue is expected to have grown by 7.3%, that was from seat capacity which was up by 14.5%, Revenue per […]