Spire by St Brides

Ian Pollard – Glencore #GLEN Strongest Performance on Record

Glencore GLEN claims that its 2017 performance was the strongest on record with industrial adjusted EBITDA rising by 60% and basic earnings per share by 310%, helped by rising commodity prices which are completely outside the control of the company and a strong unit cost performance for which it must be given credit. Net debt […]

Ian Pollard – HSBC More Secure Than in 2011, Surprise Surprise !!

HSBC Holdings HSBA claims that 2017 produced good results which demonstrate the strength and potential of HSBC and, believe it or not, it is simpler, stronger and more secure than it was in 2011.If that is the best it can find to say about itself that is not a rosy picture. Adjusted profit before tax […]

Ian Pollard – Reckitt Benckiser Returns To Growth In Fourth Quarter

Reckitt Benckiser RB delivered what it claims was a solid end to the year with like for like fourth quarter net revenue up by 2% on a constant currency basis, accompanied by volume led growth also of 2%. For the year as a whole like for like net revenue at constant exchange rates was flat […]

Andrew Hore – Quoted Micro 19 February 2018

NEX EXCHANGE    National Milk Records (NMRP) increased its interim revenues from £9.4m to £10.5m and pre-tax profit more than doubled from £442,000 to £957,000. The recovery in the milk price has helped the improved performance although there has been a subsequent dip in the milk price in the past couple of months. The longer-term […]

Ian Pollard – Blame The Headwinds, Not The Management

ConvaTec Geoup CTE admits to a disappointing performance in 2017 due to unspecified headwinds and significant challenges, the nature of which are not disclosed..Supply constraints from which it suffered during the year will continue to have an impact in 2018, especially in the first half due to back order fulfillment and lost orders. Revenue for […]

Ian Pollard – Galliford Try Cuts Dividend After Strong First Half

Galliford Try GFRD Has done the unthinkable, especially for a housebuilder which claims to have delivered a strong first half performance. It has not just tweaked its interim dividend, it has cut it by a hefty 13% The reason is of course perfectly natural. It wants to increase dividend cover to twice pre exceptional earnings. […]

Ian Pollard – More World Beating Technology From The UK

Oncimmune ONC bears witness to the world leading position which it is carving out for itself in medical technology.  with the half year to the 30th November seeing excellent progress being made  with its cancer detection technology which will detect cancers up to four years earlier than other methods and will do so by means […]