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Hammerson a hero or a zero?
Covid-19 has changed the world. Well perhaps not the virus itself but the governmental response, which I continue to see as the biggest exercise in GroupThink madness the world has seen. But the change has come and a clear victim is Hammerson (HMSO), a heavily indebted owner of retail properties. Its last stated NAV was 601p, the shares trade at 84p. Either this is the cheapest stock going or something is so wrong that it could be horribly expensive...
- By Tom Winnifrith |
- 17 April 2020, 09:48 |
Walker Greenbank – shares further recover on further Covid-19 Update...
A “Notice of Full Year Results and Covid-19 Update” from interior furnishings company Walker Greenbank (WGB) – and the shares a further more than 6.5% higher to 47.75p...
- By Steve Moore |
- 17 April 2020, 09:33 |
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Concepta – manufacturing outsourcing further cost saving and to focus on product commercialisation...
We’ve previously noted the new management team at Concepta (CPT) taking cost actions – and now a “Manufacturing outsourcing agreements for myLotus®” announcement…
- By HotStockRockets |
- 17 April 2020, 09:32 |
Views From Readers’ Windows & Desks: Isolation Edition. No 20 Gareth in Langstone
We're inviting you to send pictures in of what you see out of your window and/or of your new workspace. Just email them to editorial@shareprophets.com . Today, we're looking at the view of Gareth in Langstone.
- By Darren Atwater |
- 17 April 2020, 09:22 |
Here's Another Whiz Bang Company That May Beat the Virus to Motivate Its Share Price
Hello Share Mashers. Ordering by mail is a boom area during the virus outbreak. And it could be even more popular afterwards, as more people adopt the habit of buying this way. Today, I look at a mail-order and standard retail storage outfit I’ve commended before that could benefit from this nasty pandemic...
- By Malcolm Stacey |
- 17 April 2020, 09:20 |
Escape Hunt – “COVID-19 Update”, the company able to escape?
“Further to its announcement of 19 March 2020, Escape Hunt (ESC) provides a further update on mitigating actions taken in response to the COVID-19 pandemic”. The shares had fallen below 3p before that March announcement, closed that day at 3.5p and are currently 3.75p...
- By Steve Moore |
- 16 April 2020, 17:00 |
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Tom Winnifrith Bearcast: What Connects Peter Hitchens, Dom Frisby, Evelyn Waugh and that other great literary giant Roger Lawson?
The answer is in this podcast which starts with two service announcements. I have today also posted a new Coronavirus podcast, the 6th in a series, looking at the data on BAME victims on my own website HERE. In the bearcast i take a detailed look at Collagen (COS) and at Premier Miton (PMI).
- By Tom Winnifrith |
- 16 April 2020, 16:11 |
Volex – trading update… why a further 15%+ share price recovery?
A “Trading Update” from provider of complex assemblies for power products and applications, Volex (VLX) – and the shares currently more than 15% higher at 144p – taking them further towards January highs of approaching 170p and despite a March low of 80p...
- By Steve Moore |
- 16 April 2020, 15:54 |
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Fund manager mergers #2 – what on earth is happening at Premier Miton?
Yesterday I wrote about Jupiter Fund Management (JUP) and its disclosure that it was going to crack on with its deal to buy / merge with sector peer Merian. Naturally there was one - mildly unsaid - assumption underpinning my musing that 'a fund manager in a market crisis should merge' and that is that inherently you are buying solid and reasonable assets...
- By Chris Bailey |
- 16 April 2020, 12:41 |
Views From Readers’ Windows & Desks: Isolation Edition. No 19 Chris in Cheshire
We're inviting you to send pictures in of what you see out of your window and/or of your new workspace. Just email them to editorial@shareprophets.com . Today, we're looking at the view of Chris in Cheshire
- By Darren Atwater |
- 16 April 2020, 12:40 |
Dillistone – having previously been confident of an adjusted pre-tax profit in both H1 and H2...
I previously wrote on recruitment software group Dillistone (DSG) in February when it updated including that it expects a 2019 adjusted pre-tax loss “of £0.30m (2018: profit £0.02m)… is confident that it will deliver a pre-tax profit prior to exceptional items in both H1 and H2 of 2020”. Now a “COVID-19 and Results Date Update”...
- By Steve Moore |
- 16 April 2020, 12:21 |
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Haydale – profit warning: when will the cash run out?
After last week’s jam-tomorrow ramparoonie, today AIM-listed Haydale (HAYD) offered up a calamitous profit warning. Oh dear, oh dear, oh dear…..
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 16 April 2020, 10:55 |
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PZ Cussons – keep on washing your hands but time for a fake staycation tan too?
One of the better performing U.K. stocks in my portfolio since the start of the elevated market volatility has unsurprisingly been PZ Cussons (PZC). Naturally, I looked towards a range of its Carex and Imperial Leather products to supplement the health and hygiene resilience of my own household…and more often than not my local supermarket was sold out. The company reflects this unsurprising reality today with an observation in its trading update statement that it experienced 'exceptionally high demand' for such products. However, this was not a complete home run...
- By Chris Bailey |
- 16 April 2020, 10:29 |
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URU Metals – plans to spend £250k it hasn’t got on EIA. Has John Zorbas found the Fed’s Magic Money Tree orchard?
AIM-listed URU Metals (URU) has announced an update on its mining right application as announced on 11 December 2019. Except it was first announced not in December just gone but at least as far back as May last year. Still, never let the truth get in the way of a good story with which to ramp the shares. We are told that...
- By Nigel Somerville, the Deputy Sheriff of AIM |
- 16 April 2020, 09:39 |
Creightons Switches Focus to Hygenic Handwashes so its Bouncy Share Price Could Rise Further
Hello Share Trundlers. There are some shares out there which defy the current difficult mode. One such is household goods maker and seller, Creightons (CRL). I’ve commended this one to you many times and today it maintains a share price that is not that far below its all-time high...
- By Malcolm Stacey |
- 16 April 2020, 09:29 |
Live Company Group – Q1 “on target” & “no events have been cancelled”, but...
Brick model events and shows group Live Company (LVCG) has updated including “first quarter revenues on target… is pleased to confirm that no events have been cancelled” and financial manoeuvrings including “to show his support for the company during these unprecedented times, David Ciclitira, the company's Chairman, has provide a secured term loan of £500,000 (less fees and expenses)… on standard commercial terms”. The shares have currently responded though to below 14p – more than 15% lower…
- By Steve Moore |
- 15 April 2020, 15:21 |
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Tom Winnifrith Bearcast: A Nomad really will do anything to avoid quitting -ref Eurasia Mining
Listeners, I have screwed up on social distancing. at least where my new orchard is concerned. I start with this pressing matter HERE. Then I discuss how I am bracing myself for flak for my latest coronavirus podcast on how the GroupThink mob get their maths all wrong regarding the NHS HERE. Then to matters financial: the markets and economic recovery, Eurasia Mining (EUA), Novacyt (NCYT), Telit (TCM), Remote Monitoring Systems (RMS) and Castleton (CTP)
- By Tom Winnifrith |
- 15 April 2020, 13:38 |
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Ariana – Q1 production numbers: seem bad but are actually very good
Following my small top-slice call yesterday, AIM-listed gold producer in Turkey Ariana (AAU) duly served up news this morning. Oh no, I thought, had I jumped the gun too quickly and it had announced the proposed corporate action was proceeding? No: it was Q1 production umbers. Phew! My screen showed a 10% drop in the share price too – obviously the market didn’t like the numbers. But on reflection……
- By Nigel Somerville |
- 15 April 2020, 12:58 |
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Sterling Energy has plenty of cash and the opportunity to pick up a producing asset on the cheap - buy
Current market conditions are bad for many companies, with the oil and gas sector having been hit particularly hard as commodity prices have crashed, but this can create opportunities for some companies.
- By Gary Newman |
- 15 April 2020, 12:52 |
Solid State – last year profit “ahead of current consensus forecast”, but...
Manufacturer of computing, power and communications products and value added distributor of electronic components, Solid State (SOLI) previously featured on this website in February with it concluded finnCap looking for full-year adjusted earnings per share of 41.5p, rising to 43.6p next year… suggest a now forward circa 15x earnings multiple for such growth. There remains potential to outperform forecasts, but also, as always, risks – and these with the shares up from sub 400p as recently as August. As such, the above together now see us opt to play it safe here and bank a 30%+, less than four months gain. Sell. Now a “Trading Update & COVID-19 Update”…
- By Steve Moore |
- 15 April 2020, 12:27 |