Spire by St Brides

Ian Pollard: Fastjet On The Brink

Fastjet plc FJET admits that it has not received the additional funding which it needed by the end of October if it was to continue operating, It has however been able to continue operating beyond that deadline due to some improvement in trading and cash generation. This has allowed it further time to continue discussions […]

Ian Pollard – #BP Firing Strongly On All Fronts

BP plc BP Delivered strong earnings and cash flow as well as a strong third quarter operating performance  Underlying replacement cost profit was $3.8 billion, more than double a year earlier and the highest quarterly result in more than five years. Reliability was very good , with the highest quarterly refining availability for 15 years. […]

Andrew Hore: Quoted Micro 29 October 2018

NEX EXCHANGE Auxico Resources Canada Inc (AUAG) has added a NEX quotation to its year-old Canadian Stock Exchange listing. Auxico has mineral properties in Colombia and Mexico. There is already a UK investor base. Chapel Down Group (CDGP) had a bumper 2018 harvest that was 125% ahead of the previous best, thanks to the hot […]

Ian Pollard – #WPP Impacted By Client Losses.

WPP plc WPP a company with the spectre of its founder still lurking in the background is never a happy place to be. Naturally Sir Martin does not get a mention in WPP’s third quarter results but the way in which the company’s business has been impacted in many fields after his sudden departure, does […]

Ian Pollard: Barclays Grovels Again

Barclays Bank PLC BARC yet another British Bank bites the dust and grovels before the US department of Justice as it is forced to agree to a huge settlement to try and escape the consequences of its past dishonesty. The bank claims a strong financial third quarter performance and earnings per share over the first […]

Ian Pollard – Whitbread #WTB, a solidly good year!

Whitbread plc WTB can not quite make its mind up as to whether its full year results are good or solid, so to be on the safe side, it claims they are both.On an underlying basis revenue rose by 2.6% and profit before tax by 2.5% which is hardly impressive. On a statutory basis, operating […]

VectorVest – Bottom Fishing Opportunities on the LSE via Core Finance

Nick Batsford, CEO of Core London is joined by David Paul, MD of VectorVest UK. Mega oversold levels in both the UK and US markets presents a bottom fishing opportunity when the overall market prints a buy signal. This strategy is suitable for the more aggressive trader and should be approached cautiously. David Paul presents […]

Andrew Hore: Quoted Micro 22 October 2018

NEX EXCHANGE         Sativa Investments (SATI) has signed heads of terms for an option on a lease for a 7.53 acre site in Wiltshire that would be used for medicinal cannabis production. There will be a 25-year lease. The cost of the development could be more than £10m. Sativa has already raised £3.75m at 6p […]