Ian Pollard: Marks & Spencer Group #MKS Writes Its Own Obituary
Marks & Spencer Group MKS – Results for the year to the end of March read like an obituary for what was once a great British retail institution. It matters not where you look, Clothing & Home, Food, International, Marks is in retreat on all fronts, exiting international markets, reducing selling space, and expecting further closures […]
Ian Pollard – Halford #HFD management challenged by Retail environment
Halfords Group plc HFD found itself facing a challenging retail environment in the year to 30th. March which is Boardspeak for “we lost the plot a bit”. Like for like revenue rose by 2% and total revenue by 3.7%. but profit before tax fell by 5% and basic earnings per share wee down by 2.3% […]
Ian Pollard – Seeing Machines #SEE hit by production delays
Seeing Machines Ltd SEE has been hit by its manufacturing partner delaying delivery of a number of units by some six weeks. Sales of these units have been agreed but the delay means the resulting sales revenue will not now be received within the current financial year. Sales revenue is now expected to be between […]
Andrew Hore – Quoted Micro 21 May 2018
NEX EXCHANGE Newbury Racecourse (NYR) grew 2017 revenues from the nursery, hotel and media operations. There was a 11% increase in raceday attendances, which totalled 196,000 last year, leading to a 1% like-for-like rise in revenues. Overall revenues were 5% higher at £17.8m, while underlying pre-tax profit edged up from £178,000 to £188,000. There […]
Ian Pollard: Countryside Properties, Robust & Excellent
Countryside Properties CSP The half year to the 31st March saw excellent progress and robust trading in all regions. After strong growth the interim dividend is to be increased by 24% with reported revenue rising by 14%, operating profit by 19% and basic earnings per share by 23%. National Grid plc NG produced a strong […]
Brand Comms CEO Alan Green on Xpediator #XPD Catenae Innovation #CTEA & Legendary Invest #LEG
Alan Green CEO of Brand Communications talks about: Xpediator #XPD Catenae Innovation #CTEA Legendary Investments #LEG on the Vox Markets Podcast – 16th May 2018 (Interview starts at 16 minutes 34 seconds) https://www.voxmarkets.co.uk/
Ian Pollard – Mitchells & Butler – Reports Results on a Snow Adjusted Basis
Mitchells & Butler MAB tries to claim a strong performance for the half year to the 14th April but is reduced in the process to having to adjust its growth figures by calculating the impact of snow. Thus like for like sales growth of 1.6% becomes 2.5% on a snow adjusted basis. In the end […]
Ken Baksh – Buying when sentiment bad – A Trump in a China shop!
JP Morgan Chinese Investment Trust plc-ISIN-GB0003435012-JMC The trust aims to provide long term capital growth by investment in companies which are quoted on the stock exchanges of Hong Kong, China and Taiwan or which derive a substantial part of their revenues or profits from these territories. In January 2016, the fund’s benchmark was changed from […]
Apollo Minerals $AON – Reopening the World’s Highest Grade Tungsten Mine, With Gold Upside
Capital Network Research note – May 14th 2018 Apollo Minerals Limited (ASX:AON) is an Australian Securities Exchange listed tungsten-gold company with projects in the Pyrenees region of Southern Europe. In May 2016 the company was restructured with new management and capital that enabled it to acquire an 80% interest in the Couflens Project (July 2017) in […]
Ian Pollard – easyJet #EZJ, excellent winter performance
Vodafone Group VOD claims that the year to 31st March was one of significant operational and strategic achievement which produced a strong financial performance. In fact it was so strong that revenue fell by 2.2% and in troubled India, Service revenue was down by over 18%. Despite these little local difficulties operating profit rose by […]