Ian Pollard – Persimmon Homes #PSN strong performance to continue in H2

Persimmon Homes plc PSN proclaims that strong results for the half year to the 30th June reflect the continued successful delivery of the Group’s long term strategy. Profit before tax and basic earnings per share both rose by 13%, group revenue by 5% and new home sales by 4%. Forward sales are 6% ahead of […]

Reckitt Benckiser – Admits Incapable Of Growth

Reckitt Benckiser RB Rarely has a board been so isolated from reality that it shows not the slightest comprehension of the fear which its own chosen headlines for its third quarter update, could instill in shareholders. Those headlines speak of a continuing challenging environment and then worse still, an admission that the company needs reorganising […]

BHP – 2017 Dividends Increased by 177%

BHP Billiton BHP benefited in 2017 from a substantial reduction in exceptional losses which fell from $6.4b in 2016  to $842m. as the Samarco dam failure in Brazil weighed less heavily on the company. The year to the 30th June turned out to be a very strong financial year with free cash flow at $12.b., […]

Only Miners Buy Mining Machinery – Are Boom Times Returning

On Wednesday, after a one day leap of 4%, iron ore rose to a 10 month high of $64.30 per tonne making a rise of 50% since the beginning of the year and nearly 75% since the mid December lows. Coking coal is not a glamour commodity by any means but on Wednesday that too […]

Live charting on TipTV with Zak Mir & Brand CEO Alan Green

An array of Indices and Stocks were covered by Zak Mir, Technical Analyst for Zak’s Traders Cafe, and Alan Green, CEO of Band Communications, on the Tip TV Finance Show. Topics Covered: FTSE 100, DAX, BLT, AAL, CPI, IMT, BATS, DGE, JDW, GKP, MOIL

Why The Panic ? Ask Ye Not.

This year copper has fallen a further 17%. Last week it traded at $2.30 per lb. having fallen 5% in just two weeks. Poor German manufacturing data led to a fall of 3.1% in one day alone .But things are changing. Chinas manufacturing index has risen off its August lows. This year supply and demand […]