Fenner In Recovery Mode

Fenner FENR now expects results for the current year will be comfortably ahead of previous expectations as a result of gains in market share and refocusing of the businesses. These factors have helped to create an improving trend in order intake and a stronger market position in the US. Australia is doing well and results […]

Burberry Fails To Benefit From Collapse In Sterling

Burberry BRBY claims that its ambitious revenue growth plans are on track with a 4% drop in revenue for the six months to the end of September. Presumably it can find some form of logic in that but if there is it certainly seems to have escaped the CEO who produces a wordy paragraph of […]

Halfords – Massaging The Figures ?

Halfords Group HFD will in future issue its summer trading up date for a period of 20 weeks because it will help to make the figures look better. So this years update is issued in two parts, the first for the 13 weeks of quarter one and then the next 7 weeks trading to the […]

Quoted Micro 11 July

ISDX Positive Healthcare (DOC) has made its initial acquisitions since floating its 7% secured bonds on the ISDX Growth Market. Positive bought 75%  of each of two healthcare recruitment businesses, Capital Care and Fine Locums, for a total of £1.57m.  Positive Healthcare chairman Gary Ashworth has loaned the company £570,000 to help fund the acquisitions. The two […]

Quoted Micro 16 May 2016

ISDX Carduus Housing (CHPB/CHP2) has discovered that £1.43m of its cash has been paid to Carduus Finance Ltd and £875,000 to a third party. It is estimated that £1.675m of this cash did not conform to budgeted spending or the company’s investment strategy. Carduus Finance has subsequently sold its stake in Carduus Housing for £1. […]

Bumpy Landing For Easyjet

Easyjet EZJ The chickens have at last come home to roost and Sir Stelios has been proved right. Number crunchers can not run a successful airline and that is why Ryanair and Intercontinental thingummiejigs are two of todays most successful airlines. Easyjet has quietly tried to distance itself from its origins as a budget airline. […]