Accendo Press Quotes - Week Ending 24 November

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Accendo Press Quotes – Week Ending 24 November

24 Nov

The Scotsman (Link)

Mike van Dulken, head of research at Accendo Markets, said: “Even if Q4 was hurt by disappointing weather, and things have picked up since (sales +2.3 per pent), investors are clearly focusing on cost issues affecting the whole industry.

23 Nov

CityWire (Link)

‘Even if the fourth quarter was hurt by disappointing weather, and things have picked up since, investors are clearly focusing on cost issues affecting the whole industry,’ said Mike van Dulken, head of research at Accendo Markets.

22 Nov

Interactive Investors (Link)

“This [Thomas Cook’s drop] is due to underlying profits unfortunately growing at a slower pace (gross margin and EBIT up just 9%), explained by a Spanish price war (major contributor to airline Monarch’s demise) resulting in unwelcome and evidently highly concerning margin contraction,” said Michael van Dulken, head of research at Accendo Markets.

21 Nov

DigitalLook (Link)

Commenting on the price action in markets, Michael van Dulken at Accendo Markets said: “European equities remain bid, building on yesterday’s bounces, as investors adopt fresh calm from their latest geopolitical jitters (Germany, UK, Zimbabwe) heading into the UK budget and US Thanksgiving long weekend.”

20 Nov

Yahoo! Finance UK (Link)

“European equities are in recovery mode, having initially opened lower after German coalition talks fell through late last night,” said Accendo Markets analyst, Henry Croft.

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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.

Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research

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