Getting latest data loading
Home / Blog / blog / Trader’s Corner: 6-12-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Trader’s Corner: 6-12-19

Homeware retailer, Dunelm, has defied the Christmas retail gloom, announcing it expects to exceed its full year expectations after a positive customer response to a new website. The news sent share prices soaring by 19 per cent, to 995p at the time of writing, the highest it has been since March 2016. Along with the success of the website launch, the budget home retailer said it anticipates better than expected gross profit margins due to buying products at better prices and improved sell through. Dunelm has had a string of positive updates and earnings upgrades recently although its sales did slow down in October after it posted a less than favourable Q1 update. So, can Dunelm continue to delight its investors by delivering a stellar festive period? Analysts are certainly impressed – Peel Hunt has upgraded its rating from ‘add’ to ‘buy’, and Stifel has updated its target price to 1,010p and upped its 2020 profits forecast by 5%. Dunelm’s new digital platform has been lauded as a success with Peel Hunt describing it as ‘well-executed’ and ‘delivering a lightning fast experience for customers.’ One potential blip on the horizon for the homeware retailer is the possibility of the election result impacting on non-essential spending, but at the moment Dunelm has 11.1% of sales in the UK’s £13 billion homeware sector which has to be good news for shareholders.

Film fans have not been flocking through Cineworld’s doors over the last few months, prompting the cinema chain to issue a profit warning as it announced its box office takings had fallen 12.8%. The chain said cinema admissions for the 11 months to December had fallen by 13 per cent and it blamed delayed releases of blockbusters such as Joker and Frozen 2 for the freefall figures. So, is it looking like horror for Cineworld or is there a comeback in store yet? Initially shares shot up after the profit warning, although after a quick boost prices were down by nearly four per cent. It looks like this initial jump was down to Cineworld becoming one of the most shorted shares on the stock exchange – eleven institutions hold disclosed short positions making up 12 per cent of the company’s total shares. The cinema chain is heavily in the red – its acquisition of US chain Regal last year has left it with £2.3 billion worth of debt and £2.8 billion worth of lease commitments. Cineworld released an upbeat statement with Chief Executive Mooky Greidinger saying that: “despite a challenging backdrop, Cineworld has continued to execute well”, and pointing out that the second half of the year started strongly thanks to blockbuster releases. Analysts have pointed out that though that Cineworld’s future prospects are still heavily dependent on the success of the latest films, taking its destiny out of its own hands to some extent.

Luxury car brand, Aston Martin, has seen its share price accelerate into the fast lane amidst talk of a bid for a significant stake from billionaire racing car boss, Lawrence Stroll. Aston Martin has weathered a turbulent first year of flotation but the suggestion that Racing Point owner, Stroll, wants to buy-in has sent stock soaring by 20 per cent, now standing at 595.48p at the time of writing. Aston Martin issued a profit warning over the summer as its sales faltered and it become embroiled in a row with shareholders over executive pay. There are rumours that if Stroll’s unconfirmed bid is successful he will look to re-brand his racing team as Aston Martin, so is now a good time to invest in the luxury brand? While Stroll’s interest is speculation at present, investors look to be taking it seriously and the car maker is showing other signs of recovery – full production of its latest DBX sports brand is scheduled for next year and a new James Bond movie on the horizon is likely to lift the brand further.

« Back to Category

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.

Comments are closed.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

4.81 Average

156 Reviews


I have found Accendo staff very helpful,,and informed. I have traded with you for some years now and have no regrets. Keep up the good work!

Posted 1 year ago

Shaun D

since signing up for Accendo I have had two traders, Mark and Sam. I have found both of these to be very informative about how CFD's work and they have made it very easy for me. Since working with Sam (last four months) my trading knowledge has improved and I can make more informative decisions about which Company's to invest with. Keep up the good work Sam.

Posted 2 years ago


I am very happy with the service I get from Accendo Markets and in particular Amrit Panesar. He is very professional and pleasant to speak to and this counts for a lot.

Posted 2 years ago

Shreekant P

Its a good site for dealing stocks worldwide and having good staff.

Posted 2 years ago

Nick W

Krishan Appiah is one of the most dedicated / informative broker I have ever had.

Posted 2 years ago

Thomas I

Since I have been trading with Accendo Markets I have experienced much greater success than has been my experience with other trading companies mainly due to the help given by, what I consider to be my terminal with the trading floor, Mark, who has been most helpful in reminding me of the progress of my positions throughout the day and keeping me in touch with those positions so that I can more easily make successful trades when appropriate instead of missing out on opportunities through lack of attention. He draws my attention to the situations and enables me to make profitable trades. I am very happy with the situation at the moment and am enjoying the experience. Thomas Irving.

Posted 2 years ago

Kartik A

Accendo markets keep me connected with the market and its very well followed by Mr. Krishan Appiah ,which helps me to take certain decision on time.

Posted 2 years ago

Peter p

I have been trading with Accendo Markets and James Abbott my account manager for coming on 5 years now, James Abbott the senior trader of Accendo Markets provides me with up to minute information when I need it and find him very easy and professional to deal with. Whenever I need to trade or am not sure about anything James is always their to help with any queries I may have. The Accendo Platform I find very easy to use and navigate although it has been slightly changed over the years but definitely for the better. Personal when I do trade 90% of the time, I rather telephone call to place my trade dealings and if James is not there to take my call I find others at Accendo like Sam, Lee take my trades and are. All in all everyone at Accendo Markets are amazing to deal with and my relationship with Accendo is just as I like it. Peter Petrou

Posted 2 years ago

Mrs. J

"Our Trader, Aymen Azizi, has been nothing but attentive to our every need throughout our long relationship with him. No issue is too small, full explanations on all our questions."

Posted 2 years ago

Brian R

I have been with Accendo for a long time now, ten or twelve year's, probably more . As I told Sam (my trader) I thought that CFDs were better than sex . I stopped trading for a few years and only started back about a couple of months ago. But it is as if I had never been gone , so to speak. Sam has helped me every step of the way, at my age one forgets things. I have only praise for Accendo and as far as I am concerned the platform is the best . Now I am back trading at 71 years of age, I might even try sex again. Brian Robertson.

Posted 2 years ago

Jim W

I understand how to make a profit with CFDs. I am restricted by the range of companies I have knowledge of. Although, I am not sure that is a big problem. Tom Robertson is a very fine man.

Posted 3 years ago

Rebekah S

Well, I would not be trading without the help of my trader, Sam Alnakkash. He provided a really great overview of Accendo Markets, an insight into trading in general and how to get started in trading online. His advice, support and training has been fantastic all along the way, enabling me to start trading earlier than I would have done had I not had the support. He has also been very adept at understanding me as a client in order to help me achieve my trading goals. I still have a lot to learn and hope I will get there.

Posted 3 years ago

Nick z

I like the updates on shares I trade. Updates from Bloomberg and Reuters plus industry updates and breaking news. I've had Matt Grice and James Abbott and found both to be excellent. I would like to continue a personal service with James. He understands how and which stocks I trade.

Posted 3 years ago

Steve O

Excellent, knowledgable broker interaction and communication, coupled with very good research and analysis.

Posted 3 years ago

William P

Being new to direct trading I needed help and was given all the time and advice that I needed to feel fully able to make decisions on what I wanted to invest in. I asked for and got exactly the type of info I required provided by Tom Cook, who I would recommend to anyone looking for help.

Posted 3 years ago

Mr. W

I have been dealing with accendo for the past 8 years my broker Amrit I find him very helpful when he is there lol and had many offers to change but will not do it Bill Roberts

Posted 3 years ago

Zoran N

Very good all round service! Timely market information. (charts + trends coverage ) On the ball accounts managers ,quickly available and alert . Part of my success owed to my personal manager Mr Sam Springet , than you.

Posted 3 years ago

Mr Brian C

Easy to deal with.....

Posted 3 years ago

Muhammed S

Accendo markets are great for trading cfds and their research is second to none! Aymen manages my account is extremely helpful and always keeps me updated on market info. Thanks again

Posted 3 years ago

Mr Buta B

Always available, whenever I call I get straight through to someone that can and will help. The staff are very knowledgeable, helpful and easy to talk to.

Posted 3 years ago

Stephen B

Aymen Azizi keeps an eye on what is happening in the market and informs me with timely relevancy, email call, and txt.

Posted 3 years ago