Quoted Micro 12 January 2025
AQUIS STOCK EXCHANGE AI company Astrid Intelligence (ASTR) is transitioning into execution and infrastructure-led growth. Astrid Intelligence owns and operates Subnet 127 within the Bittensor network, whose brand has been changed from SigmaArena to Astrid Arena. Bilateral arrangements have been secured with subnet operators. Astrid Vault, a protocol-native infrastructure platform intended to facilitate orderly liquidity coordination […]
Ian Pollard: TUI Benefits From Hot European Summer
TUI AG TUI updates that the year to the 30th September will be the fourth consecutive year of double digit growth in underlying EBITA and unlike Thomas Cook it claims to have benefited from the sustained period of hot weather in Northern Europe which produced further growth The only impact of the hot weather was […]
Ian Pollard – Mulberry Strategy Fails To Impress
Mulberry MUL claims it is delivering on its strategy, in which case it should perhaps get a new one. Retail sales for the half year to the 30 September rose by 2% but on a like for like basis they fell by 1% with both UK and International retail sales sliding. Demand from London tourists […]
Majestic Wine -Testing Before Learning
Majestic Wine WINE appears to have been so mismanaged that it has been forced to issue an update, warning that it will not even achieve its modest target of 1% sales growth for the current year. EBIT for the year to 3rd April 2017 will be £2m.less than market expectations as a result of the […]
Rio Tinto – The First Green Shoots of a Mining Recovery ?
Rio Tinto RIO The first green shoots of a recovery in mining may have been seen in RIO’s first quarter with iron ore shipments up by 11% and global iron ore production up by 13% on a year ago. Bauxite production also rose by 6% and aluminium by 10%. Mined copper was down 2% on the […]