Ian Pollard – Plus 500 #PLUS Benefits From Trump Tariffs
Plus 500 Ltd PLUS has again, after a strong second quarter, performed strongly in the first half and materially increased its expectations for the Group’s financial performance for the year to the end of December. What it describes as geopolitical events particularly with regard to US import tariffs have resulted in higher than expected levels […]
Ian Pollard – Sage revises margins from 27.5% to 27.5%
Sage Group plc SGE The update for the half year to 31st March indicates that all is not well and makes for some peculiar reading .Full year guidance for 2018 organic operating margins has been revised from 27.5% to believe it or not, 27.5%. For the first half year organic revenue growth of 6.3% is […]
Real Good Food – Profits Eaten By A Litany of Errors
Real Good Food plc RGD appears to have continued to suffer from serious management problems and is having to admit at today’s AGM that whilst sales have been doing well, that wil not translate into the expected profitability. For the year to 31st March 2018 EBITDA of about £6.5m had been expected but this will […]
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 […]
Trakm8 Chairmans’ Frustration Comes Too Late
Trakm8 Holdings TRAK Route Monkey is in a trend to move to SaaS revenues. Once you get extreme jargon like that in a company’s trading update you know it has been having a fairly bad time and Trakm8 is no exception. It witters on about its pipelines and how strong they are as if nobody […]
Trakm8; First Half Slump = Another Period of Growth
Trakm8 Holdings TRAK has the audacity to describe its first half results as another period of growth, rather than the disaster which they really are. Profit before tax for the 6 months to the end of September is down by 77%, basic earnings per share by 69% and cash generated from operating activities by 90%. […]
Futura Medical Hardens on Erectile Disfunction News
Futura Medical FUM has for years been limping along trying to combat erectile disfunction with its MED 2002 product but this morning the share price has opened with a 30% rise as the company announced that it had at last achieved its “primary endpoint” following tests on over 200 randomised males, The company claims that […]
Trakm8 Holdings to Pay Maiden Dividend
Trakm8 Holdings TRAK is proposing a maiden dividend of 2p per share after profit before tax for the year to 31st March surged by 77%. Revenue rose by 44% and basic earnings per share by 91%. Both of the acquisitions which it made during the year became earnings enhancing and units reporting to its server […]
Whitbread Worries – Costa Goes Ex Growth
WHITBREAD WTB claims good all round growth for the 53 weeks to the 3rd March and is raising its final dividend by 10% but somehow the excitement and the buzz at Premier Inns and Costa seems to have disappeared. Underlying profit growth at Costa slumped to15.8% from 28% for the first half. On a like for […]
TrakM8 (TRAK) – 3 Years of Outstanding Growth
This is TrakM8’s third year of outstanding growth. Three years which have seen the share price rise from 20p at the end of 2013 to Fridays closing price of 266p. Todays interim results for the 6 months to the end of September show another strong period of growth and are again, ahead of expectations. Adjusted […]