Ian Pollard – Rank #RNK raises dividend after year of decline and disappointment
Rank Group RNK the year to the 30th June was a year of decline and disappointment which for some reason has left the Board full of confidence. The results are in line with the Boards expectations but only expectations which had been revised during the year. For Grosvenor Casinos the year was a challenging one […]
Ian Pollard – Filtronic Interim Profit Halved
Filtronic FTC has seen its strategy result in new contract wins but too late to prevent the first half turning into something of a disaster.. Revenue for the 6 months to the 30th November plunged from £21.6m to £12.8m and operating profit halved to £0.9m. The second half is not expected to be any better […]
Plant Impact fears Impact
Plant Impact PIM fears that 4th quarter revenue could be affected by talks which are taking place with Bayer Cropscience about its minimum required purchase volumes for Veritas in Brazil, third quarter revenue for which rose from £0.5m last year to £2.4m this year. The result of the talks could impact full year results and […]
Cloth Caps, Whippets and Forelocks
In the absence of very much company news, the main story this morning must be the Prime Minster’s sudden realisation that the working class is alive and kicking. So, she is actually off slumming it to the North East with the intention of finding it and meeting some of its members, so that she can […]
Filtronic Returns to Profitability
Filtronic FTC traded strongly in the first half and returned to profitability as revenue leapt from £4.5m to £21.6m and turning last years half time loss of £4.1m into a profit of £1.8m. Increased sales of its main antenna product, and strengthening of its Wireless sales team were responsible for the turnaround. The Chairman went […]
Will Brussels Ban Referendums
The Italian’s have done it. They have joined the growing list of countries whose peoples are sick and tired of their political establishments living lives completely divorced from the realities of the ordinary workaday world which most of us inhabit. The referendum has become the stock, shock weapon for taming the arrogant political elites of […]