Ian Pollard – HSBC Profits Up 31%

HSBC Holdings plc  HSBA saw first quarter profits rise by 31% from $4.8bn in the first quarter of 2018 to $6.2bn this year following strong growth in Asia and a 7% rise in revenue compared to the previous year. Cuts in costs  also helped with operating expenses down by 12% during the first quarter, whilst […]

Ian Pollard – Intercontinental #IHG; Year Of Excellent Progress, Divi Up 10%

Intercontinental Hotels Grp IHG presents a jargon riddled preliminary report for the year to the 31st December which makes for difficult reading, not  made any easier by giving its readers a choice between Segment results and Group results. which excludes exceptional items, except for basic earnings per share. Group results show a 6% rise in […]

Ian Pollard – Safestyle #SFE lifts veil of secrecy

Safestyle UK plc SFE The Board has rushed out a clarification of yesterdays rather surprising announcement about its trading prospects and admits that it is considering arrangements with key stakeholders in NIAMAC Developments Ltd which could benefit Safestyle’s business and accelerate its recovery. Interco. Hotels Group plc IHG delivered a good third quarter with the […]

Ian Pollard – Intercontinental Hotels #IHG strong first half

Interco.Hotels Grp IHG produced a strong first half performance across all regions with underlying operating profit up 8% and underlying EPS up 25%. The interim dividend is increased by 10%. Hotel demand in the US is strong but momentum is led by Greater China, where double digit growth has been achieved in both RevPAR and […]

Intercontinental Hotels – Strong On Jargon, Rev Par And Growing Rooms

Intercontinental Hotel Grp. IHG delivers a jargon laden third quarter update indicating that it is very pleased with itself. Net rooms grew at 4.1%, the strongest since 2010 and it is accelerating brand growth around the world. Rev Par 2.3% in the quarter and  2.2% for the year to date.Europe was particularly strong with rises […]

Bellway On Crest Of A Wave – But Is That A Safe Place To Be

Bellway BWY is riding on the crest of a wave, with favorable market conditions, the continued availability of cost effective mortgage finance and of  the voters friend, Help to Buy. Revenue for the year to the 31st July is expected to have risen by 13%, volume growth in completions by 10% and at the end […]

Boom Time For London Hotels

Intl. Con. Airlines IAG saw first quarter profit after tax fall by 74% as passenger revenue declined by 4.2% and total revenue by 2.8%. But this did not stop it being a record breaking first quarter if you decide to select operating profit before exceptionals as your measure That comes in at £170m. compared to […]

Trakm8 Chairmans’ Frustration Comes Too Late

Trakm8 Holdings TRAK Route Monkey is in a trend to move to SaaS revenues. Once you get extreme jargon like that in a company’s trading update you know it has been having a fairly bad time and Trakm8 is no exception. It witters on about its pipelines and how strong they are as if nobody […]