Spire by St Brides

Ian Pollard – A Tale of Two Brewers

Marstons MARS has seen its business transformed in recent years and preliminary results for the year to 30th September produced both revenue and earnings growth which in turn led to profit growth in all segments. Statutory revenue rose by 8%m profit before tax by 24% and earnings per share by 12%. The average profit per […]

Ian Pollard – Telford Benefit From London Homes Shortage

Telford Homes TEF Profit before tax for the half year to 30th September fell slightly to £8.7m. compared to last years £9m.due to development timing  but a profit before tax of over £40m. is expected for the full year. The interim dividend is increased by 11%. Longer term growth plans are underpinned by the structural […]

Ian Pollard – Sanderson Group – No Major Loss Of Confidence “Yet”

Sanderson Group SND claims strong trading momentum and further profitable growth in the year to the 30th September so despite only tiny rises in revenue and operating profit, it is increasing its final dividend by 11% as part of its progressive dividend policy. It is however carefully monitoring market conditions and then comes out with […]

Ian Pollard – Beware When Pawnbrokers Prosper

Ramsdens RFX has continued to enjoy strong growth in he half year to 30th September with Foreign Exchange, Pawnbroking and Jewellery Retail all sharing in the success. Group revenue rose by 18%, basic earnings per share by 33% and profit before tax by 63%. The pawnbroking loan book rose by 18% during the half year. […]

Andrew Hore – Quoted Micro 27 November 2017

NEX EXCHANGE Kryptonite 1 (KR1) has invested $986,000 in DOT tokens, which are related to the Polkadot Project. A total of $150m was raised to finance the development of a decentralised protocol that allows trust-free movement of tokens and data between blockchains., that will also be able to create new parachains instead of starting a […]

Ian Pollard – Majestic Wine Celebrates With a 33.3% Dividend Hike

Majestic Wine plc WINE Moved into profit in the half year to the 2nd October and the interim dividend is to be increased by 33.3% to 2p. The Chief Executive says he is now ready step on the gas and accelerate growth with a team which has worked like demons and made him “dead proud” […]

Ian Pollard – Countryside Properties -A Lesson in Clarity and Profitability

United Utilities UU must have decided to make its half year report as obscure and meaningless as possible. Thus it is full of PR19S, ODIs, RCV Gearing and the latest craze, System Thinking. What it wont do because presumably it would make the figures for the 6 months to the end of September too easy […]