Rolls Royce Wants to Become Trusted

Rolls Royce Holdings RR is to try and become a more trusted company with high standards of business conduct in an attempt to remedy past misbehaviour which produced disastrous  2016 results including a 49% fall in underlying profit before tax at constant exchange rates.  On a reported basis that became a loss of £4.6b after […]

Braemar Shipping Fights Back

Braemar Shipping BMS Half year figures to 31st august illustrate the savage decline which has hit the worldwide shipping market. A fall in revenue from £79.6m to £70.2m resulted in earnings per share falling from 13.3p to 0.4p and operating profit declining from £5.3m to £0.3m. Braemar however gives the definite impression that it is […]

Lloyds Claims “Robust” Profits Fall & “Operating Jaws” Success

Lloyds Bank LLOY claims to have delivered a robust first quarter performance with underlying profit down 6% and statutory profit before tax down by  46% – you can’t get more robust than that. And then just to illustrate  how banks are prepared to show their teeth when necessary it does not seek to hide the fact […]

The UK Ancient & Modern

Despite their best efforts Harold Wilson, Ted Heath, Kinnock, Blair, Old Uncle Tom Cameron and all did not manage to destroy completely the UK’s industrial base.It is still there, even if there were times when it looked like they may succeed and even if it is limited to the Barnsley- Sheffield triangle and a couple […]

Daily Actions – UK Main & AIM markets 05022016

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 Basic Resources Amur Minerals Corporation Buy Neutral Financial Services Manx Financial […]