Spire by St Brides

Ian Pollard – Copper And Oil & Gas Recoveries Help Weatherly & Hardide

Weatherly International WTN saw a noticeable improvement in the copper price during the year to 30th June, since when they have improved even further and reached three year highs. Operating and environmental challenges during the year meant that production fell below target but the board is cautiously optimistic about prospects for the current year. Hardide […]

Andrew Hore – Quoted Micro 11 December 2017

NEX EXCHANGE First Sentinel (FSEN) has bought a 80% stake in Perennial Enterprises in Australia in an all share deal. Perennial is a profitable debtor finance business and it is purchasing A$5m of invoices each month. Shane Perry of Perennial will join the First Sentinel board. Primorus Investments (PRIM) has sold its investment in Gold […]

Ken Baksh – January 2018 Investment Review

by Ken Baksh Ken has over 35 years of investment management experience, working for two major City institutions between 1976 and 2002. Since then he has been engaged as a self-employed investment consultant. He has worked with investment trusts, unit trusts, pension funds, charities, Life Fund,hedge fund and private clients. Individual asset managed have included direct […]

Ian Pollard – Special Dividends Day

Ferrexpo plc FXPO is to pay a special dividend of 3.3 cents per share, thereby doubling the interim dividend paid on the 8th September. The explanation as to why this has become almost a necessity is so long winded that  the company appears to have guilt feelings over having to do it. The shortened version […]

Ian Pollard – Mulberry Strategy Fails To Impress

Mulberry MUL claims it is delivering on its strategy, in which case it should perhaps get a new one. Retail sales for the half year to the 30 September rose by 2% but on a like for like basis they fell by 1% with both UK and International retail sales sliding. Demand from London tourists […]

Ian Pollard – Victrex – Sales Volume Up 1%, Divi Up 160 %

Victrex VCT managed a  whopping  160% increase in dividends for the year to the end of September after a mediocre rise of 1% in sales volume led to a rise of 11% in profit before tax.   The dividend increase comprised a 15% rise in the regular dividend plus payment of a special dividend of […]

Ian Pollard – National Express Gearing Up For A Strong Christmas

National Express NEX has continued to see a good trading performance across all its divisions in October and November. In both the US and Spain early Christmas trading has been strong and advanced sales are higher then last year. Two small acqisitions have been completed, one in he states with 204 buses and the second […]

Andrew Hore – Quoted Micro 4 December 2017

NEX EXCHANGE VI Mining is planning to join NEX this month. The Peru-focused miner is acquiring two gold mining assets in tandem with the flotation. VI will raise up to £10m in cash at 500p a share and issue a further £10m worth of shares as part of the initial payment, along with some of […]