Shares in equipment rental company Ashtead are +3% in early morning trading after the company beat market’s consensus expectations, growing Q1 underlying rental revenue +19% YoY and pre-tax profit +23% thanks to strong market demand for tool rentals and weaker GBP (Cable is down 9% this year). In further benefit to shareholders, Ashtead announced improvements…
Shares in international food, retail and ingredients group Associated British Foods are -3.3% this morning, extending the 2018’s -22% share price downtrend to levels last seen in June 2016. The company’s latest trading update painted a mixed picture for business outlook and while trading at its core Primark division was 5.5% higher at constant FX,…
Bargain-hunters are out in force, scouring the 20% of UK 100 shares which are now down 20-50% from their 2018 highs. While these big drops offer the opportunity for share price recovery, their dividends also offer the potential for inflation-busting income of up to 14% which, itself, is often supportive of the share price. As…
Sell in May, go away, and come back on St Leger’s Day. Everyone’s heard that old corny adage. Well, guess what, St Leger Stakes horse-race is just around the corner. Next Saturday, 15 September, to be precise. So, is this the best time to come back and trade? As the excitement of the St Leger…
Friday, 7 September Reuters “Concerns over emerging markets and another U.S.-China tariff clash are pushing traders towards risk-off sentiment into the weekend,” analysts at Accendo Markets said in a note. https://uk.reuters.com/article/uk-britain-stocks/UK Index -dips-amid-fears-of-trade-war-escalation-ba-owner-falls-idUKKCN1LN0YN Thursday, 6 September Financial Times Analysts at Accendo Markets said the US dollar was “trading off its overnight lows on the back…
When the markets opened this morning and shares in restaurant and hotel conglomerate Whitbread jumped up 18%, there was plenty of disappointment from investors who missed out. But no need to despair, there are abundant tradable opportunities still in play. Let’s look at the facts. Unless you’ve were holding Whitbread shares before the UK Index opened,…