Ken Baksh – November Market Report – Is it safe to put a toe in?

November 2018 Market Report During the month to October 31st, 2018, major equity markets displayed a very weak trend, falling by 8.52% overall and the VIX index rose sharply to 22.05. The month was the worst equity performance for more than six years. There continued to be an abundance of market moving news over what […]

Ian Pollard – Diageo Management Full Of Praise For Itself

Diageo DGE produced a strong performance in the 6 months to the 31st December. All regions contributed to organic net sales growth of 4.2% although organic volume growth was considerably lower at 1.8%.This was all due to constant and rigorous execution of strategy by management – nothing like self praise when things are claimed to […]

Major Companies Blame Challenging Conditions Again

Rank Group RNK met challenging trading conditions in the 6 months to 31st December but is still raising its interim dividend by 11% after a fall of 17% in profit before tax and 14% in basic earnings per share. Like for like group revenue for the half year rose by 2%. Nothing like raising  a […]

Ladbrokes Doesn’t Like Losing – Come On Leicester!

Ladbrokes LAD complains that at Cheltenham bookmaking principles were abandoned because of intense competition and that until then results had been favourable, At least that tells us that one of the main principles of the betting industry is that the bookie always wins and something has gone seriously wrong if they don’t. Similarly Ladbrokes is […]