Spire by St Brides

Quoted Micro 10 October 2016

ISDX Ace Liberty & Stone (ALSP) has acquired 1-5 Upper Market Square in Hanley for £9m. The tenants are Boots and National Westminster Bank. Prior to this deal, property holdings has grown 23% to £29.5m at the end of April 2016, while the NAV is £17.9m. The sale of Hume House for £3.55m – more […]

Sliding Sterling Brings Big Dividend Increases

YouGov plc YOU is increasing its final dividend for the year to 31st July, by 40% after strong growth in both revenue and profits. Adjusted profit before tax surged by 46%, after a 16% rise in revenue and 26% in adjusted earnings per share. As to the future the company says that it is ready […]

Brammer Scraps Final Dividend

Brammer plc BRAM has already decided it will have to scrap its final dividend after it has been forced to go round with its begging bowl and arrange a rights issue. Third quarter group sales per working day which fell by 2% and  a reduced level of supplier support mean that quarter three produced an […]

Tesco Blows A Trumpet or Two

Tesco TSCO blows a fanfare of trumpets over today’s interim results and when one considers that over the past two years prices have fallen by over 6%, it is perhaps right to do so. It claims significant progress in the first half with positive like for like sales and volume growth in all regions. UK […]

Greggs Winter Warmer – Chipotle Pulled Beef

Greggs GRG Total sales for the 13 weeks to 1st October rose by 5.6% and on a like for like basis in company managed shops, the rise was 2.8% which are in line with expectations.  during the year to date 145 shops have been refurbished, 103 new ones opened and 58 closed. And just in […]

Quoted Micro 3 October 2016

ISDX Newbury Racecourse (NYR) reported flat interim revenues of £5.56m and a higher underlying loss because of the loss of three race days to bad weather. There was a cash outflow from operations of £1.51m. The sale of a final tranche of land to David Wilson Homes has generated a disposal profit of £20.1m but […]

Stanley Gibbons Comes Unstuck

Stanley Gibbons SGI. Final results for the year to 30th March reveal a horror story of mismanagement with admissions that previous accounting did not accord with applicable accountancy standards. In a buoyant market for collectibles, SGI found trading conditions difficult. The results are not surprising. Turnover was flat and 28% below budget, the final dividend […]

Vislink Board To Examine Itself

Vislink VLK has abolished its interim dividend and intends to keep it that way until bad debt is below 1 x EBITDA. Orders for the half year to 30th June fell by nearly 25% and revenue was also substantially down , leading to a basic loss per share of 26.9%. Last years half year profit […]