Spire by St Brides

Will Brussels Ban Referendums

The Italian’s have done it.  They have joined the growing list of countries whose peoples are sick and tired of their political establishments living lives completely divorced from the realities of the ordinary workaday world which most of us inhabit. The referendum has become the stock, shock weapon  for taming the arrogant political elites of […]

Will Italy Do A Trump

Italy this weekend, hold the future of the Euro in its hands. Sundays referendum will show whether Italy is prepared to do a Trump and turn its back on its political establishment, whilst at the same time shaking the EU to its foundations. Massive support for Beppe Grillo the Clown Prince of Italian politics and […]

Quoted Micro 1 February 2016

ISDX Property investor Ace Liberty & Stone (ALSP) has had a busy week of acquisitions and disposals. Shildon House in Gateshead has been acquired for £1.825m, while Hume House in Leeds is being sold for £3.55m – a profit of £1.88m – although the deal is not expected to complete until the end of this […]

(“SREP”) PRA Reduces CET1 Pillar 2A of RBS’s ICG to 2.1% of RWAs.

The Royal Bank of Scotland RBS claims that it is committed to creating a stronger simpler, safer bank for customers and shareholders but somehow it just can’t seem to get round to doing it and in the end it can not avoid admitting that it has much to do to restore its stress resilience and […]

Countryside Props. Profit Up 40% After Swingeing Price Rises

Countryside Props. CSP  produced strong growth in the year to the end of September which is not surprising with completions up 20% on top of which it managed to impose a swingeing 21% rise in average private selling prices, to £465.000. Adjusted operating profit rose by 40%. Current trading is robust with sales rates and […]

Quoted Micro 28 November 2016

ISDX Property investment company Ace Liberty & Stone (ALSP) says that one of its shareholders, Daniel Waylett, agreed to acquire a subsidiary that owns Colebrook Court in 2016. There was no specific date given, although the property was bought for £1.5m in shares during April. The payment for the disposal was £1.553m. Ace has drawn […]

Trakm8; First Half Slump = Another Period of Growth

Trakm8 Holdings TRAK has the audacity to describe its first half results as another period of growth, rather than the disaster which they really are. Profit before tax for the 6 months to the end of September is down by 77%, basic earnings per share by 69% and cash generated from operating activities by 90%. […]

Triad’s Strong Results Triple PBT

Triad Group TRD claims another strong set of results as half year profit before tax  more than triples to 668 million, following on last years successful results. Revenue for the six months to the 30th September rose by16.4%, leading to profit after tax rising from 0.22m to 0.69m and basic earnings per share up from […]