Ian Pollard – Bonmarche #BON Rejects Takeover Bid – But Only Asks For Talks

Bonmarche Holdings BON which had seen trading become significantly weaker than expected sine the beginning of March, has rejected a takeover bid from Phillip Day’s Spectre Holdings, on the basis that it undervalues the business and its future prospects. These included a rise in the underlying loss for the year from a possible  £4.0m. to […]

Ian Pollard – Persimmon #PSN new house price inflation falls to 1%

Persimmon plc PSN claims to have delivered another strong trading performance in 2018 with total Group revenues of £3.74bn., 4% higher than the previous year. A little cloud in the sky appeared in the shape of the average selling price  increased by only 1%, which from memory is the lowest for many a year and […]

Ian Pollard – Games Workshop #GAW issues secret warning

Games Workshop Group GAW Issues a strange update covering the short period to the 7th October from the date of the last update in September. Sales are ahead and profits are at a similar level to last year, so why the need for an update. Well there seems to be a big “but” in that […]

Ian Pollard – BT lines crossed; sacrificial lamb chosen; board saved

BT Group plc BT.A Todays announcement from BT that the Chief Executive is to make an unexpected and unplanned exit illustrates that the Board and the Chairman may have a problem which in turn illustrates that BT has a problem. The problem appears to be that the top management is confused and incapable of expressing […]

Daily Actions – UK Main & AIM markets 14042016

Daily Actions is a daily summary analysis of changes in short term actions from our Daily Recs – AIM and Daily Recs Main markets reports. This report is typically distributed before the open of trading in London AIM Market ST Rec. changed From To Banks & Investment Banks London Capital Group Holding Neutral Sell Basic […]