Quoted Micro 17 August 2026
AQUIS STOCK EXCHANGE Gledhow Investments (GDH) has received commitments for a £400,000 subscription at 1p/share, which was more than double the market price at the time. It is also acquiring Penina Resources in return for 21.9 million shares, and this bring £219,000 in cash. Penina Resources directors are Sam Quinn and Cameron Pearce, and they […]
Ian Pollard: National Express (NEX) – Another Record Breaking Set Of Results
National Express NEX is delighted to have again delivered a record-breaking set of results. Group revenue rose by 5.6%, profit before tax by 10% and basic earnings per share by 13.1%. It is again proposed to increase the final dividend by 10 per cent.. Growth in the UK was very strong at 12.6% compared to […]
Ian Pollard – Royal Mail #RMG Executives Struck Dumb
Royal Mail plc RMG finds plenty to highlight in its interim results for the half year to the 23rd September. A rise of 1% in revenue is one of the best. Apart from that, underlying adjusted profit before tax was down 27 per cent and· adjusted basic earnings per share fell by about a third […]
Ian Pollard: Melrose #MRO Delighted With GKN
Melrose Industries MRO is delighted with its acquisition of GKN, and the significant potential for improvement identified when it made its offer. Plans are now being implemented to realise the full potential of GKN’s world leading, but currently underdeveloped, businesses. The interim dividend for the six months to the 30th June is being raised by […]
Ian Pollard – WPP #WPP, not a pretty year
WPP plc WPP “Not a pretty year” says Sir Martin Sorrell about his companies performance in 2017.Top line growth was flat and operating margins and profits were either flat or only marginally up. To add to the gloom, 2018 has had a slow start which managed to be above budget but in January like for […]
Bovis Profits And Completions Tumble
Bovis Group BVS It is years since a major house builder produced such an appalling set of results. To do so at a time when the industry is in a long term boom illustrates the depth and severity of the problems which Bovis created for itself and to which management was too inept to find […]
Bashful Bovis Rejects Bids
Bovis Homes BVH is in demand by predators if not by investors, with bids over the weekend being announced from Redrow RDW and Galliford Try GFRD, neither of whom knew that the other was interested. Bovis, no doubt delighted that it has found an escape route from its management problems, decided that the bride price […]
Bovis Comes Clean At Last Over Poor Build Quality
Bovis Homes Group BVS is being forced into taking a one off £7m hit because of claims arising from its poor build quality and it is brazen faced enough not to issue an apology either to the shareholders or even more importantly, to its customers. In fact in 2016 it imposed a rise of 10% […]
Bovis – Signs of Trouble Ahead for Housebuilders
The blizzards now raging on the Athenian coast will no doubt keep the weather pundits busy for a day or so and the most popular explanation from the chattering clashes is likely to be that global warming is responsible, which leads us on to the warning signs of storms ahead for the UK’s house builders. […]
Bovis Hikes Prices By 10% To Grab Record Revenues.
Bovis Homes BVS Issues a trading up date for the year to date and what a good year it has been. Demand for new homes has outstripped supply. Of course credit for that can be given mainly to the government, rather than the house building industry which can just sit back, hikes is prices as […]