Atlantic View – Rolls Royce has the tools to engineer a recovery
by John Woolfitt, Atlantic Capital Markets Rolls Royce has the tools to engineer a recovery. Fundamentals & Statement Summary Aero engineering giant Rolls-Royce (RR.) this morning unveiled interim results for H1 2020, and reported a significant H1 impact from COVID-19, adding that the timing and shape of industry recovery remains uncertain. The group reported a […]
Atlantic View – More growth to come at Admiral as insurer shrugs off COVID
by John Woolfitt, Atlantic Capital Markets More growth to come at Admiral as insurer shrugs off COVID Fundamentals & Statement Summary Insurance giant Admiral (ADM), who’s brands include Confused.com, Elephant.co.uk, Bell and Diamond, delivered a solid set of first half results on Wednesday morning. Although the results were impacted by the COVID crisis, which saw […]
Atlantic View – The Reinvention Of BP – Is It Too Early To Buy In?
by John Woolfitt, Atlantic Capital Markets The Reinvention Of BP – Is It Too Early To Buy In? Fundamentals & Statement Summary Oil giant BP (BP.L) today (Tuesday August 4th) announced a record $6.7 billion loss for Q2 2020 as the COVID crisis hit the group hard across its energy businesses and at the pumps. As […]
Atlantic View – Impairment Shock At Lloyds Banking Group #LLOY Despite Balance Sheet Strength
Impairment Shock At Lloyds Banking Group #LLOY Despite Balance Sheet Strength by John Woolfitt, Atlantic Capital Markets Fundamentals and Statement Summary Eponymous banking giant Lloyds (LLOY) this morning reported half year results to June 30. The bank plunged into the red after recording a £3.8 billion provision for bad loans arising from the coronavirus crisis […]
Atlantic View – Streamlining and Resilience Have Laid The Foundations For Recovery at Shell #RDSB
Streamlining and Resilience Have Laid The Foundations For Recovery at Shell #RDSB by John Woolfitt, Atlantic Capital Markets Fundamentals and Statement Summary Anglo Dutch oil giant Royal Dutch Shell (RDSB) today announced results for Q2 2020, which include impairments of $16.8 billion post-tax (6.1% of average capital employed), reflecting revised price and margin assumptions. Shell […]
Open Orphan #ORPH Awarded Contract From Codagenix Inc For COVID-19 Vaccine Trial
Open Orphan plc (ORPH), a rapidly growing specialist CRO pharmaceutical services company which is the world leader in the testing of vaccines and antivirals using human challenge clinical trials is pleased to announce a new contract with Codagenix Inc. (“Codagenix”) to conduct a first in human (Phase I) trial evaluating safety and immunogenicity of a single-dose, […]
Atlantic View – Has StageCoach (SGC) turned the Corner?
by John Woolfitt, Atlantic Capital Markets Has StageCoach turned the Corner? Fundamentals & Statement Summary Britain’s biggest bus and coach operator Stagecoach (LON: SGC) employs around 25,000 people and operates more than 8,300 buses, coaches and trams across operations in England, Scotland and Wales, plus the Supertram light rail network in Sheffield. In its preliminary results […]
Open Orphan #ORPH – Additional Laboratory Services Contracts Signed with NOBACZ & Nearmedic International
Open Orphan plc (ORPH), a rapidly growing specialist CRO pharmaceutical services company which is the world leader in the testing of vaccines and antivirals using human challenge clinical trials is pleased to announce that as part of opening up its hVIVO laboratory services to third parties that it has signed 3 new contracts with third […]
Atlantic View – Time To Go Back To The Beach In Spite of Covid-19?
by John Woolfitt, Atlantic Capital Markets Time To Go Back To The Beach In Spite of Covid-19? Fundamentals & Statement Summary With over 20% share of online sales in the short haul beach holiday market, On The Beach (LON: OTB) are one of the UK’s largest online beach holiday retailers. The group’s long-term mission to […]
ECR Minerals #ECR – Unaudited Half-Yearly Results for the Six Months Ended 31 March 2020
ECR Minerals plc, the gold exploration and development company, is pleased to announce unaudited half-yearly financial results for the six months to 31 March 2020 for the Company as consolidated with its subsidiaries (the “Group”), along with a review of significant developments during the period and subsequently. HIGHLIGHTS Victoria, Australia continues to enjoy a gold […]