Small caps round-up: Charteris, Hilton, Clarkson...
5th Nov 2009 15:17
Business software specialist Charteris cut its dividend by 60% as it slumped into a loss of £1.2m in the year to July from a profit of £1.35m. Revenue fell to £20.3m (2008: £23.4m). The dividend is 0.2p per share against 0.5p. "Our business experienced challenging trading conditions throughout the
Read moreThursday tips round-up: Weir, Hilton Food, De La Rue
17th Sep 2009 06:11
Capital expenditure by miners shows signs of picking up, leaving Weir's onshore US gas activities as its biggest weakness. But at 678p, down 20p, or 15 times next year's earnings, this is no time to sell out. A solid hold, according to the Times. Hilton Food's shares are trading on a December 2009
Read moreFriday tips round-up: Royal Bank of Scotland, BG, Galliford Try
11th Sep 2009 06:48
Royal Bank of Scotland is in a mess and its chief executive, Stephen Hester, has made no bones about that fact. The shares have recovered strongly recently. Although the economic outlook appears better than it was and RBS should benefit, be wary of backing the lender at these levels until there is
Read moreThursday's tips round-up: Shire, IFM, Patsystems
6th Aug 2009 06:10
While a number of punters may wish to wait to see how Shire performs in the longer term, we would be encouraged that a number of analysts see the share price making substantial gains in the next year. Those at UBS, for example, say the stock will reach 1040p, while the company itself argues it is a
Read moreHilton Food trading in line, shares sizzle
16th Jul 2009 08:27
Shares in meatpacker Hilton Food sizzled over 6% after it said trading for the 28 weeks ended 12 July 2009 has been in line with company expectations. In the UK, where the market has been challenging, the group benefited from an increased volume of barbecue products. In Ireland the bacon, sausage a
Read moreSunday's tips round-up: Tullow Oil, Kalahari, Amec
17th May 2009 15:15
Tullow Oil shares have risen about 40pc since they were recommended at 698p at the end of January. With an exciting 12 months ahead for the group, the shares remain a buy, despite their high rating, says the Sunday Telegraph. Few stocks have done as well as Kalahari this year and the recent momentu
Read moreLondon close: Late surge boosts blue chips
14th May 2009 16:48
A late surge helped Footsie close firmly in the blue after it traded within a narrow range for the bulk of the day. BT set a gloomy tone with worse than anticipated results and a dividend cut more severe than predicted, but other results got a more encouraging response. Insurer Prudential rose by
Read moreLondon afternoon: Footsie remains range-bound
14th May 2009 14:39
The FTSE 100 continues to trade within a narrow range, unable to move outside the 4,320 to 4,340 corridor since mid-morning. Though there has been a flood of company results, the mixed reaction to these is representative of the market's indecision today. The market was braced for bad news from BT b
Read moreLondon midday: Shares tread water
14th May 2009 11:54
It is back to square one for London's blue-chips, with gains on banks and miners cancelled out by losses on oils and telecoms giant BT. Banks suffered some profit taking earlier in the week but are bouncing back, helped by a research note on the sector from Morgan Stanley. The US investment bank ha
Read moreLondon open: BT in focus
14th May 2009 08:19
London's blue chips have opened lower with telecoms giant BT among the main fallers early on. BT suffered a 40% slump in pre-tax profit during the four quarter, forcing the firm to slash its dividend and announce plans to axe another 15,000 jobs. Fourth quarter pre-tax profit plunged to £429m from
Read moreTrading on track for Hilton Food
14th May 2009 08:00
Meatpacker Hilton Food said trading for the 16 weeks ended April 19 has been in line with management expectations. The group, which packs meat for supermarket chains such as Tesco and Royal Ahold, said its financial position remains strong and there have been no significant changes since the year e
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