Ian Pollard -“Robust” Card Factory #CARD Sees Profits Fall 8.3%
Card Factory plc CARD claims a robust performance in a challenging consumer environment for the year to the 31st December. Unfortunately looking at the actual figures, robust must mean different things to different people.. True, revenue rose by 3% although on a like-for-like basis sales were flat. However profit before tax fell by 8.3%, EBITDA […]
Ian Pollard: Sanderson Sees Double Digit Growth
Sanderson Group plc SND Half year trading results to the end of March, are ahead of management’s expectations with revenue growing to approximately £17.0 million from last years £14.6 million and operating profit increasing by over 30% to £2.8 million from last years £2.1 million. Digital Retail has continued to perform strongly during the six months and achieved […]
Andrew Hore Quoted Micro 15 April 2019
NEX EXCHANGE High Growth Capital (HASH) is increasing its stake in Sentiance to 15% and is negotiating an option to acquire a majority stake in the artificial intelligence and machine learning business. The additional 5% stake will cost £7m in shares issued at 0.8p each. The option would enable an increase in the total stake […]
Ian Pollard – Bonmarche #BON Rejects Takeover Bid – But Only Asks For Talks
Bonmarche Holdings BON which had seen trading become significantly weaker than expected sine the beginning of March, has rejected a takeover bid from Phillip Day’s Spectre Holdings, on the basis that it undervalues the business and its future prospects. These included a rise in the underlying loss for the year from a possible £4.0m. to […]
Ian Pollard – WH Smith #SMWH Dividend Up 8% as High Street Slumps Again
WH Smith plc SMWH is rapidly evolving into two separate businesses one of which does not seem to be able to find the management which it seems to need. The problem is the High Street, the traditional business which keeps on trying to make a profit out of selling newspapers, books and pencils. Smiths highlights […]
Ian Pollard – #OMG Profit Up By 94% As Music Industry Surges
One Media iP Group OMG A resurgent music industry saw its longest period of revenue growth since the 1990s so it is no surprise that One Media Group enjoyed strong growth over the year to the 31st October 2018. Revenue rose by 16%, EBITDA by 44% and operating profit by 94%. Growth was also driven […]
Ian Pollard – Harmful MPs Blamed For Significant Brexit Damage To UK Economy
K3 Capital Group plc K3C makes no bones about the significant uncertainty being created by the countries hapless politicians and the damage they are doing to the UK’s economic and political environment in the run up to Brexit, against what is becoming an increasingly difficult backdrop. At least here is somebody prepared to stand up […]
Ian Pollard – Stagecoach #SGC regional mileage down but fare revenue up
Stagecoach Group plc SGC updates for the year to the 27th April that it has seen further strong trading in its UK Rail Division, resulting in an increase in expectations for adjusted earnings per share from when interim results were announced in December. The financial performance of UK rail and Virgin rail is ahead of […]
Ian Pollard – Wizz Air #WIZZ Beats The Budgets
Wizz Air Holdings plc WIZZ which was named The Best Low-Cost Airline of the Year in the CEE region in 2018 and also received the Best Cabin Crew award, continued growing in March.15 New routes were opened and a number of new aircraft were brought into service.Seat capacity rose by 6.9%, passengers by 9.9% and […]
Ian Pollard – Sports Direct #SPD splashing the cash
Sports Direct Intl. plc SPD has confirmed that it is considering making a firm offer to Debenhams of 5p in cash per ordinary share valuing Debenhams current issued share capital at approximately £61.4 million. This would represent a premium of approximately 127 % to the closing price of Debenhams shares on 26 March. Imperial Brands plc […]