Spire by St Brides

Andrew Hore – Quoted Micro 30 April 2018

NEX EXCHANGE    Chapel Down Group (CDGP) reported a 15% increase in annual sales to £11.8m. Wine sales were one-fifth higher at £8.12m with cider and beer sales, via associate Curious Drinks, were 7% ahead at £3.68m. Operating profit improved from £346,000 to £470,000 but there was a much larger loss from the Curious Drinks […]

Ian Pollard – Harvey Nash #HVN – “Core” Blimey

Harvey Nash HVN Preliminary results show that a record “core” performance was delivered during the year to 31st January, which actually saw profit before tax down by 37.!%, earnings per share nearly halved with a fall of 45.5% and the final dividend increased by 5%. The CEO says these were excellent results which were ahead […]

Ken Baksh – Portfolio diversification..6% annual yield and 6% discount to assets for European property investment trust idea!

Schroder European Real Estate Investment Trust-ISIN- Gb00By7R8K77 Launched in December 2015, the Schroder European Real Estate Investment Trust targets growth regions in Continental Europe and aims to provide a regular and attractive level of income together with the potential for long term income and capital growth. With a certain degree of uncertainty surrounding the UK […]

Ian Pollard – GKN winning sales at expense of margins prior to takeover

Melrose Industries MRO & GKN. Melrose has published a trading update for GKN for the 13 weeks from 1st January to the 31st March and based on GKN’s own management accounts  produced prior to the takeover on the 19th April. GKN’s performance showed trends which were below market expectations. Melrose has made allowance for further […]

Ian Pollard – Clarkson #CKN belatedly admits problems

Clarkson CKN expects both first half and full year profits to be materially below those of last year after the first  quarters financial performance fell below the boards expectations. Blame is put on a challenging environment in shipping and offshore capital markets, which caused transactions to be put back, lower freight rates hit the tanker […]

Andrew Hore – Quoted Micro 23 April 2018

NEX EXCHANGE    Sativa Investments (SATI) is acquiring a 51% stake in George Botanicals from Carbon Managers, where Sativa boss Geremy Thomas is 100% owner, for £200,000. Thomas was not involved in the decision making concerning this investment. He was the founder of former AIM company PNC Telecom and invested in George Botanicals before Sativa […]

Ian Pollard – Weir Group #WEIR, 50% rise in oil, gas & shale revenues

Weir Group plc WEIR performed strongly in its main markets and first quarter orders grew by 22%, with minerals up by 13%. Oil and gas led the way with a 50% rise after strong drilling and completion activity in North American onshore. Further success was encountered as it became the preferred provider to major shale […]