Insights for 2017

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Kingfisher Plc. is a compelling Buy at the current price level. The stock finished trading on the London Stock exchange at 340p a share on 21st December, up by 0.35% compared to the previous close.  Currently, the stock has been trading above its 20 day moving average (DMA), 50 DMA and 100 DMA of 333.0p, 318p and 309p respectively, which also indicates towards the bullish trend of the stock. In terms of technical analysis or charting also, the stock has been firmly trading on the upward trend line and has been forming higher highs and lower lows. The immediate support and resistance for the stock is at 333p and 350p respectively.  Any breakout above 350p may also take the stock to 370p as well. Therefore, traders or investors need to keep an eye at the respective levels and accordingly hedge the positions.

Now let’s throw some light on the latest third quarter update of the company. The company announced its third quarter trading update a month back on the 21st November.  As per the update, the company’s Q3’18 topline was up by 3% year on year. As per the management, the company is well on track to deliver its full year strategic milestones. The company also returned £237m to its shareholders via buyback. (Read more)

Topics: Analysis
Other Insights on Related Shares: KGF.L
Posted by ShrutiAggarwal on 11 December 2017, 10:48 AM

BT Group plc, a hold at the current price

BT Group Plc. is a Hold at the current price. The stock finished trading on the London Stock exchange at 268.45 pence per share on 8th December, up by 0.09% compared to the previous close. The stock has been nonstop correcting since last 3 months and had tested the lows of 244p as well. However, it seems that the stock has bottomed out and is ready for short covering and a pullback rally. The stock has been trading above its 20 day moving average (DMA), 50 DMA and below100 DMA of 252p, 260p and 277p respectively. The immediate support and resistance for the stock would be at 252p and 277p respectively. In terms of charting or technical analysis, the stock is making rounding bottom pattern which indicates the up movement in the stock. In case of breakout above 277p, we may see stock heading towards 290-300p as well. Therefore, we would advise traders or investors to keep an eye at the respective levels and accordingly hedge their positions.

  (Read more)

Topics: Analysis
Other Insights on Related Shares: BT.A.L
Related Shares: Bt Group Plc Share Price

Vodafone Plc. is a Hold at the current price. The stock finished trading on the London stock exchange on 27th November at 224.9p a share, up by 0.17%.  In terms of technical analysis or charting, the stock had completed rounded bottom pattern and has bounced back from 205p to 230p. However, the stock got stuck at the resistance level of 230p and has been correcting for a last few days. The stock has been trading above its 20 day moving average(DMA), 50 DMA and 100 DMA of 223p, 217p and 218p respectively. The immediate support and resistance for the stock is at 220p and 230p respectively. The momentum oscillator MACD also indicates the crossover sign which indicates towards the correction of the stock in the coming days. Therefore, traders or investors shall wait for the stock to get consolidated and bottomed out. Fresh buying positions can be initiated once the stock has bottomed out. The stock might take support at around 220p, but if in case it couldn’t sustain 220p , then the stock may fall more and test the old levels of 200-205. Investors or traders shall keep an eye at the respective levels and accordingly initiate fresh positions.

  (Read more)

Topics: Analysis
Other Insights on Related Shares: VOD.L
Related Shares: Vodafone Share Price

Marks and Spenser is an avoid at the current levels as the stock has been falling continuously for the last many months. The company announced its half yearly results a few days back on 8th November. However, post the results also the stock has continued its southward journey. The stock finished trading on the London Stock exchange at 302p a share on 18th November, up by 0.36% compared to the previous close.  In terms of charting or technical analysis, the stock has formed a rounding top pattern, which further confirms the bearish movement of the stock. It had also breeched the support levels of 310 and has tested the lows of 300p. However, any fall or closing below 300p can take the stock to 250p as well. Therefore, we would advise traders or investors to stay away from marks and Spenser, unless the stock starts consolidating and has bottomed out. The immediate support and resistance for the stock is at 300p and 330p respectively.

Let’s throw some light on the latest half yearly results of the company. The company’s revenue was up by 2.5% year on year. Profit before tax and adjusted items and adjusted earnings per share were down by 5.3% and 7% year on year respectively. Net debt also came down by 9% to £2.03bn versus £2.24bn in H1’16. (Read more)

Topics: Analysis
Other Insights on Related Shares: MKS.L
Posted by MaxMarioni on 12 November 2017, 11:35 AM

IQE Plc keeps rising

IQE plc (AIM: IQE), a leading global supplier of advanced products and services to the semiconductor industry, announced that it has successfully placed 67,941,581 new ordinary shares of 1 pence each in the Company, at a price of 140 pence per share, raising gross proceeds of approximately £95 million. The Shares placed represented approximately 10% of IQE's existing outstanding issued share capital. (Read more)

Topics: IT, Technology
Other Insights on Related Shares: IQE.L
Related Shares: Iqe Plc Share Price
Posted by MaxMarioni on 5 November 2017, 10:29 AM

Boohoo.com Plc, a stock to watch

Boohoo.com, a British online fashion retailer, is the clothing industry’s fastest-growing e-tailer in the world. It is likely to achieve sales growth of at least 80% this year, with its new brands, PrettyLittleThing and Nasty Gal, gaining populariy both in the UK and the US. (Read more)

Other Insights on Related Shares: BOO.L
Posted by MaxMarioni on 5 November 2017, 10:29 AM

Boohoo.com Plc, a stock to watch

Boohoo.com, a British online fashion retailer, is the clothing industry’s fastest-growing e-tailer in the world. It is likely to achieve sales growth of at least 80% this year, with its new brands, PrettyLittleThing and Nasty Gal, gaining populariy both in the UK and the US. (Read more)

Other Insights on Related Shares: BOO.L
Posted by ShrutiAggarwal on 27 October 2017, 7:15 AM

Tesco Plc, a Hold at the current levels

Tesco Plc. is a hold at the current price levels as the stock has had a spectacular rally since July this year and it looks like the rally shall continue! The stock finished trading on the London Stock exchange on 24th October at 188.0p a share, up by 0.3%.  The company announced its half yearly 2018 results on 4th October and the stock was down by nearly 5% the same day. However, the next day onwards the sentiment picked up and stock has been again rising. In terms of technical analysis or charting, the stock has been trading on the upward trend line for the last four months. Currently, the stock has been trading above its 20 day moving average (DMA), 50 DMA and 100 DMA of 186p, 184p and 179p respectively. The stock has been nonstop making higher highs and lower lows which further confirm the bullish trend of the stock. The immediate support and resistance of the stock is seen at 185p and 190p respectively. Any breakout above 190p would take the stock up to 215p.  Therefore, traders or investors need to keep an eye at the respective levels and accordingly hedge their positions.

Let’s throw some light on the latest financial results of the company.  The company’s H1’18 revenue is up by 3.3% year on year. Operating profit before non-recurring items is up by 27% year on year. The operating margin in H1’18 was 2.7% versus 2.2% in H1’17. As per the management, the debt would be reduced thereby strengthening the balance sheet and cash flows would also improve. Going forward, the management expects the capital expenditure to remain between £1.1bn and £1.4bn per year. The company has also proposed a merger with Booker and is currently undergoing the due diligence. Therefore, the company would continue to report organic growth as well. (Read more)

Topics: Analysis
Other Insights on Related Shares: TSCO.L
Related Shares: Tesco Share Price
Posted by MaxMarioni on 8 October 2017, 9:23 PM

Ryanair HR Crisis Hits Stock Price

Low-cost airline carrier Ryanair Holdings Plc (RYA:LN) has been hit hard by a crisis involving personnel scheduling, which has left several hundred flights grounded since September, and thousands of passengers stranded. Ryanair has been cancelling 40 to 50 flights a day during a six-week period, effectively ordering pilots to go on leave in order to address legal requirements for staff holidays. The carrier has fallen foul of Irish authorities because it has neglected ensuring that its pilots take all the vacation time they are eligible for, as required by law. In this way the carrier has accumulated a huge backlog of vacation hours, which the regulator has demanded needs to be eliminated by the end of the year. (Read more)