If you want to improve your forecasting ability, you’d do well to start here: For 19 out of the past 23 years the UK 100 has delivered gains into year-end. These ‘traditional Santa Rallies’ have often seen the index itself top gains of 3% between early November and late December while some of its stocks…
30 Oct 2015 Investors in Pets at Home (PETS) are having an allergic reaction to today’s H1 trading statement, toppling the shares by 7% from all-time highs just 18-months post IPO. While H1 sales grew 1.8% organically, strength in several business lines was countered by ‘continuing seasonal challenges’ (a.k.a. persistent weakness) in Health & Hygiene…
Integrated gas business is no saviour for Shell Interfax Global Energy – 30 Oct http://interfaxenergy.com/gasdaily/article/18116/integrated-gas-business-is-no-saviour-for-shell Asia: Markets end week on downbeat note as BoJ leaves policy unchanged Yahoo/Digital Look – 30 Oct https://uk.finance.yahoo.com/news/asia-markets-end-week-downbeat-113500829.html Pets At Home shares slide on weaker sales growth Financial Times – 30 Oct https://next.ft.com/content/23594036-7ef2-11e5-98fb-5a6d4728f74e LONDON MARKET OPEN: Stocks Mixed, IAG Drops…
29 Oct 2015 Smith & Nephew (SN) shareholders are legging it en masse this morning despite Q3 results showing underlying revenues +4% and management maintaining FY 2015 guidance. Investors are clearly unprepared to shoulder the combined news of a $275m robotics acquisition (which always carries risk), reported revenues -4% due on account of strong currency…
28 Oct 2015 Shares in Lloyds Banking Group (LLOY) opened 4.5% lower this morning after an earnings update that, while financially positive in terms of profits, growth and recovery, was light in terms of consensus. What looks like weighing even more is the ugly mug of PPI provisions which is refusing to duck below the…
27 October The flurry of Lloyds Banking Group notes continues, and so it should. We need to break this share offer down and debate its merits, because many an inexperienced investor is being tempted by what might turn out to be a bad deal. Whose ears would prick up at the offer of shares at…