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Ian Pollard – Rightmove #RMV warns of consumer confidence worries

Rightmove RMV provides another warning from the housing industry that all is not well. Transactions in the first half of the year fell by 5% compared to last year and today’s update warns that economic conditions in the UK are such that consumer confidence may be impacted which could in turn affect the level of […]

Ian Pollard – European Air Traffic Control Hits Wizz Air #WIZZ

Wizz Air Holdings WIZZ Profit for the first quarter to the 30th June  fell 14% from 58.1m. to €50.0 million,   compared to 2017 reflecting the timing of Easter and the effect of higher than expected disruption costs. Passengers carried rose by 19.7% and revenue by17.9% but profit margins were down by 3.3ppts from 12.4 to […]

Ian Pollard – IG Group To Slide In 2018 -19

IG Group Holdings plc IG reports record revenue, operating profit and earnings for the year to the 31st May with strong growth across all regions and products. It is proposed that dividends for the year be increased by 34%, with a final payment of 33.5p per share bringing the total to 43.2p. The outlook for […]

Ian Pollard – Significantly Distressed London Companies Surge 17%

Begbies Traynor BEG has published its Red Flag Alert for the second quarter of 2018, showing that 472,183 businesses were experiencing ‘Significant’ financial distress: at the end of June 2018, up 9% compared to last year. However the rate of increase is declining and has fallen 1% compared to the first quarter. The south of […]

Andrew Hore – Quoted Micro 23 July 2018

NEX EXCHANGE         Netalogue Technologies (NTLP) moved back into profit in the year to March 2018 and it is paying a dividend of 0.4p a share. The e-commerce technology company edged up revenues from £1.04m to £1.07m, while a loss of £46,000 was turned into a profit of £82,000, even after amortisation of £70,000, up […]

Ian Pollard: SSE Impacted By Triple Weather Whammy

SSE plc SSE The first quarter was impacted by weather conditions with hydro output higher than last year due to higher snow melt but for both years output was below expected levels, with this year, some 20% lower than expected. Output from onshore and offshore wind farms has been around 15% below expectations due to […]

Apollo Minerals $AON Demonstrates Commitment to Local Communities

Apollo Minerals, focused on the development of a responsible, modern mine at the Couflens Project in France, has demonstrated its commitment to local communities through the creation of a significant cultural heritage initiative – the Club de Mécènes Mines du Salat (“CMMS”). The CMMS has been established by Apollo Minerals’ French subsidiary, Mines du Salat. […]

Ian Pollard – Royal Mail #RMG impacted by poor service

Royal Mail RMG Letter revenue in the 3 months to the 24th June fell 7%  but GLS continued to perform strongly, with volumes up 10% and revenue up 11%. The Quality of Service performance has been so bad and has impacted the company to such an extent that on the 1st June Ofcom commenced an […]