Severn Trent Pleased to Escape North America

Severn Trent plc SVT Not every company admits to being pleased at having to announce the sale of part of its business especially if that business is a strong one but Severn Trent is an exception as it announces the sale of its North American business. Even more strange the Chief Eexecutive admits that under […]

BT Admits The Cost of Bad Management

BT Group BT.A airs its dirty washing in public after describing the year to the end of March as a challenging one, made worse by headwinds in the UK public sector. It is still managing to increase its final dividend by 10% despite a 19% fall in reported profit before tax, which slumped even more […]

Quoted Micro 2 January 2017

ISDX/NEX Business incubator Milamber Ventures (MLVP) is acquiring The League of Angels, an angel network set up by Barney Battles, a Milamber director. There is a subsidiary called The China 68 Club that offers access to Chinese family offices. The business made a small profit last year and since April it has referred work to […]

Mothercare Impacted By Unseasonable Weather.

Mothercare MTC Senior management seems not to understand one of the basic facts of life about the UK, namely that it does not have a climate, it has weather and for much of the year its weather is unseasonable, thoughtlessly providing mini heat waves in February, snow in May and year round excuses for management’s […]

Talk Talk “On-Net Adds Flat” & Other Tripe

Talk Talk Telecom TALK wins today’s prize for gibberish with a claim that on-net adds flat. RGU growth + 148k . Quarterly churn ( presumably from the dairy division) is the lowest ever at 1.3%  and the company is now a trusted value champion. Presumably it was previously either untrusted or not a champion. When […]