Andrew Hore – Quoted Micro 14 January 2019
NEX EXCHANGE Bruce Pubs (PUB) has raised £100,000 from an issue of 7.2% bonds and trading has commenced on NEX. The pubs operator wants to raise up to £20m. The cash will be used to acquire pubs in Scotland. Bruce owns 18 licenced premises with another licence pending. Bruce Pubs is a subsidiary of the […]
Ken Baksh – Enquest #ENQ1 Bond – Oily idea with very good short and longer term income attractions!
ENQUEST 7% 15/04/22 Bond-ENQ1-ISIN-XS0880578728 Company Overview Enquest PLC is an independent United Kingdom-based petroleum and production company which operates mainly in the United Kingdom Continental Shelf. The shares are included on the main list of the London Stock Exchange as are the bonds, the subject of this article. The Company is one of the largest […]
Ian Pollard – Can Marks #MKS remain independent?
Marks & Spencer MKS looks like it has definately claimed top position as 2018’s big time Christmas loser. In the 13 weeks to the 29th December International sales collapsed by a frightening 15% which is not surprising when you look firstly at the poor service offered by some of its overseas stores and more importantly […]
Ian Pollard – Sainsbury #SBRY board reduced to Meaningless Twaddle.
Sainsbury J plc SBRY You know that Sainsbury has a serious problem when the best which it can find to say about Chistmas is that Convenience stores hit a new record on Christmas Eve. Management gives the impression that it is lost for words and so it should be. It has been absolutely trounced during […]
Ian Pollard: Morrisons – The Legacy Lives On With Bumper Christmas
Morrisons W. Sprmkts MRW If you do not know how to sell a pack of frozen peas, then you should not be on the board of a chain of supermarkets. Britains high streets are riddled with major retail outlets which are in a state of collapse and its Boards are littered with bankers, accountants and […]
Ian Pollard – Dunelm #DNLM facing unprecedented levels of uncertainty & delays new website
Dunelm Group DNLM Unprecedented levels of uncertainty have forced Dunelm to delve deep into the jargon drawer in an attempt to mask its half year and fourth quarter problems.The one strong area has been online sales which rose by 37.9% during the 13 weeks to the 29th December, as against like for like store revenue […]
Andrew Hore – Quoted Micro 7 January 2019
NEX EXCHANGE VI Mining (VIM) has not made the required $2.19m loan repayment to Tassili by the end of 2018. Tassili also has right of refusal over the first 24,000 ounces of gold production. The loan is secured by a charge over the VI subsidiary that owns the interest in the Ora Pesa concession. VI […]
Ian Pollard – NEXT Retail’s Big Slide Over Christmas And Full Year
Next plc NXT Full price sales for the Christmas trading period (between Sunday 28 October and Saturday 29 December) rose by 1.5%. Whilst November sales were disappointing this was made up for by strong sales in the three weeks before Christmas and a good half-term holiday week at the end of October. Full price online […]
Ian Pollard: Cloud Cuckoo Land Is Never Empty
2018 was quite a good year for the self important types who could not resist making fools of themselves in the full gaze of the public. The overall group winner of the year award must go to company directors and CEOs who have provided us with endless hours of amusement as they have literally tied […]
Andrew Hore – Quoted Micro 31 December 2018
NEX EXCHANGE China-based Gamfook Jewellery (GAMF) joined NEX on 24 December. The online retailer of customised jewellery was introduced at 15p a share, and the shares ended the first week at 15.5p (14p/17p). That values Gamfook at £15.5m. Executive chairman Jindian Lin and his wife own 72.8% of Gamfook. A dividend based on 28% of […]