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Fevertree: Flat or fizzing for drinks brands? || 24-4-20

Premium mixer firm Fevertree’s shares jumped 13 per cent this week as it revealed that lockdown drinking has been just the tonic for its sales. The group revealed that the in-store arm of its business remained ‘robust’ despite the decline in bar and restaurant sales, which makes up about 45 per cent of its business….

Trader’s Corner || House-builder off the blocks; Fashion favourite dressed for success || 24-4-20

Housebuilder, Taylor Wimpey’s share price built up again, rising almost twelve per cent after it announced it would re-open all its sites in May. The new-build specialist revealed that it planned to restart work in ‘a phased process’ from May 4 with some subcontractors returning to site a week later. As the construction industry begins…

Market Analysis || 17-4-2020

After a lackluster to the week which was a day short due to the Easter weekend holiday, the UK 100 was able to stage further recovery on Thursday, as signs that the US would soon reopen for business lifted the mood of investors across the Atlantic. Today’s price action is also seeing a bullish spurt,…

Hospitality hit hard by coronavirus || 17-4-2020

The hospitality industry has taken a big hit as pubs and restaurants have been forced to close for weeks, with no immediate end to lockdown in sight. Mitchells & Butler, which owns Harvester and Toby Carvery, has been one casualty with share prices sliding 7.5 per cent this week. Last month, the pub chain said…

Company Focus || Wheels still turning for coach company || 17-4-20

The wheels are still turning for coach operator National Express, which saw a surge in its share price despite its operations mainly stalling. National Express issued an update on its state of play through the current coronavirus crisis, which has sent its share price soaring from 90.4p in the middle of March to 240.80p at…

Trader’s Corner || Exterminating damage for pest control firm; Switch on surge for streaming service || 17-4-20

Pest control specialist Rentokil saw its shares bounce back five per cent this week after it reported a rise in group revenue and revealed a raft of cost saving measures. In its first quarter results, revenue was up by six per cent to £634 million from £603 million a year previously. Sales had been up…

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