Wednesday tips round-up: Salamander, Cairn, Halfords
24th Mar 2010 06:45
Salamander Energy shares are trading on a December 2010 earnings multiple of 17.6 times, in anticipation of their drilling programme. Salamander remains a speculative, high-risk play based on its high-impact drilling programme over the course of this year. Being high risk, investors should not inv
Read moreSmall cap round-up: LMS Capital, Winkworth, Morson...
23rd Mar 2010 13:20
Investment firm LMS Capital's net asset value fell 6% to 84p last year as the pound strengthened against the dollar. The return on the investment portfolio for the year was a net loss of £4.9m (2008: net loss of £36.7m). "Our low levels of debt and broadly balanced investment portfolio position us
Read moreRound-up: Capital & Regional, International Ferro, Synergy Healthcare...
12th Nov 2009 14:11
Property fund manager Capital & Regional reports valuations in the UK fund businesses, particularly in retail warehouses, are trending higher in the fourth quarter. This reflects the strength of the investment market which is likely for the balance of this year to outweigh pressure on income. C&R
Read moreGCM Resources chairman buys in
25th Sep 2009 16:58
Coal mine developer GCM Resources' non-executive chairman Gerard Holden has bought nearly £45,000 worth of shares in the company. He took 50,000 at 89p a time. The shares closed at 92p going into the weekend. GCM is hoping to develop the Phulbari Coal project in Bangladesh, pending approval from
Read moreHenry Boot down at heel
27th Aug 2009 14:50
Write-downs on the valuation of its investment properties dragged land developer Henry Boot into the red at the interim stage. The company made a loss before tax of £20.3m after taking a £23.6m hit on property write-downs. In the first half of last year the company made a pre-tax profit of £20.4m.
Read moreVodafone's Sir John Bond spends £116,000
26th May 2009 15:34
Vodafone's chairman Sir John Bond has upped his stake in the mobile phone company substantially, spending £116,000 on shares. He paid 116p a time for 100,000 shares in the firm and now has 337,345. Bond became chairman of Vodafone in 2006 after stepping down as chairman of HSBC, having worked at t
Read moreMarket not hit bottom yet, says Henry Boot
18th May 2009 15:56
Land developer Henry Boot hinted at more write-downs to come at the interim stage, saying it is trading profitably and in line with market expectations 'before property revaluation adjustments". The company remains focused on cost control and cash generation, and has managed to drive down its debt
Read more