Ian Pollard – Direct Line #DLG delivers a robust fall in premiums

Direct Line Ins. Group DLG claims to have delivered a robust third quarter performance in a competitive market. Robust in this particular case being defined as a fall of 5.6% in gross written premiums, compared to the same quarter in 2017, Perhaps this is a definition which not many outside the company could bring themselves […]

Ian Pollard – Redrow #RDW hikes dividend by a massive 65%

Redrow plc RDW has delivered another year of strong growth, record results and an excellent trading performance, with the number of new houses sold during the year rising by 9%. and the full year dividend hiked by a massive 65%. The average selling price was hiked by 7% during the year which some cynics may […]

Ian Pollard: Iofina #IOF Hit By Anti Dumping Duties

Iofina IOF expects to see a significant rise in production for 2018 with a target of 575 to 605 metric tonnes of crystalline iodine compared to 503 metric tonnes in 2017. As a bonus on top of that, iodine price have continued to strengthen. The cloud on the horizon however, is that Iofina and a […]

Ian Pollard – Special Dividends Day

Ferrexpo plc FXPO is to pay a special dividend of 3.3 cents per share, thereby doubling the interim dividend paid on the 8th September. The explanation as to why this has become almost a necessity is so long winded that  the company appears to have guilt feelings over having to do it. The shortened version […]

Wood Group weak in the East

by Ian Pollard Wood Group plc WG has faced continued challenges in its core oil and gas markets in the 6 months to 30th June, with weak activity in the East more than offsetting a robust performance in the West. The first half is down on that of 2016 and is weaker than hoped for […]