Ken Baksh – December Investment Monthly

In our December investment review, Ken discusses the macro picture in the US, Europe, China and Japan before looking at the effects of inflation. We then look at moves over the past 2 months before moving to the UK economy and issues such as consumer confidence, the trade deficit and Govt deficit, insolvencies and recession […]

Go-ahead Group Lagging

Go-Ahead Group GOG is lagging behind in too many areas although it is doing its best to cover the weak spots. The pre close trading statement for t he year to 1st July claims that expectations for the full year are unchanged and the balance sheet is robust. Regional buses showed mixed growth in passenger […]

Royal Mail Drowns in Jargon

Royal Mail plc RMG How can any company be taken seriously when its CEO’s English appears to be so bad that she has to express herself in internal company jargon – thus ones breakfast reading of the goings on at Royal Mail includes – “movements in foreign exchange, ASM and GSO in GLS” Can the […]

Punch Plays Cards Close To Its Chest

Punch Taverns PUB Todays trading statement for the year to 20th August omits virtually any mention of  its trading statistics  It says it has produced a solid set of results following completion of its strategic disposal programme but fails to back that up with any meaningful figures, save to say that average profit per pub has […]