Wednesday tips round-up: Petra Diamonds, Minerva, Sportingbet...
22nd Sep 2010 06:58
There is no doubt that the diamond market is recovering. Full-year results from Petra Diamonds underscored that the recovery in its markets was real. The shares are trading on June 2011 earnings multiple of 17.3, falling to 10.5 next year. There are only 20 or so large diamond mines in the world an
Read morePark Group profit falls, maintains divi
10th Jun 2010 08:05
Christmas hampers and financial services firm Park Group posted a decline in full year pre-tax but maintained its dividend as the current year starts well. For the year ended 31 March 2010 pre-tax profit fell to £5.3m from £6.2m a year earlier. Revenue increased to £263.2m from £250.5m before. Ope
Read morePark Group FY10 Pretax Profit Dips 16%, Maintains Dividend
10th Jun 2010 07:57
LONDON (Dow Jones)--Park Group PLC (PKG.LN), U.K.-based multi-redemption voucher business focused on the corporate gift voucher and Christmas savings markets, Thursday reported a 16% fall in fiscal 2010 pretax profit but maintained the dividend 1.32 pence, adding that current year has started well w
Read moreSmall Caps round-up: Alternative Networks, Ascent Resources, Indian Film Company...
8th Dec 2009 16:08
Telecoms services provider Alternative Networks reported lower revenues and profits as its small business customers spent less. Revenues fell 4% to £89.7m. Cutting £1m from operating costs helped to reduce the effect on profits, although lower interest rates hit interest income. Underlying pre-tax
Read moreSunday tips round-up: FirstGroup, Standard Chartered, Kier
28th Jun 2009 12:57
FirstGroup shares were 657p last summer but today they are 370¾p. The stock has been affected by concerns about transport companies in general, concerns about fuel costs and concerns about debt. But First is in a far better position than most other transport groups, its debt is being paid off stea
Read moreFriday tips round-up: Premier Farnell, Charles Stanley, Park
12th Jun 2009 06:44
Electronic components distributor Premier Farnell shares trade at just a touch over their year lows, which places them in cheap territory. If you believe the latest reports that indicate the recession has reached its nadir, now is probably a good time to dip your toe back into groups such as Premi
Read moreLondon close: Banks boost Footsie late
11th Jun 2009 16:33
London rallied strongly late on, helped by gains for banks, which outweighed profit taking among the big mining stocks and weakness among oil users as the price of crude rose again. Speculation is growing about the timing of the government's withdrawal from ownership of large stakes in Royal Bank
Read moreLondon afternoon: Banks in demand
11th Jun 2009 14:47
London is having a languid day, with Footsie lacking direction. Banks are strong but their gains are counterbalanced by losses on mining stocks. Banks are in focus as speculation grows about the timing of the government's withdrawal from ownership of large stakes in Royal Bank of Scotland (RBS), L
Read moreLondon midday: Leading shares remain mixed
11th Jun 2009 11:54
Leading shares continue to tread water, with little sign of strong influence from Wall Street, which is expected to open moderately firmer. Home Retail Group is slightly off the pace after this morning's trading statement. The retailer said both Argos and Homebase enjoyed better than expected sales
Read moreLondon open: Shares drop slightly
11th Jun 2009 08:20
London's blue chips are slightly lower in early dealings with commodity stocks among the main fallers following yesterday's stellar gains. Mining giants Lonmin, Rio Tinto, Eurasian Natural Resources and Xstrata are all down. Home Retail Group said both Argos and Homebase enjoyed better than expect
Read morePark Group divisions perform well
11th Jun 2009 07:58
Christmas hampers and financial services firm Park Group saw growth in its two principle divisions push profits up for the year. Pre-tax profit came in at £6.2m from £4.3m before on revenue that increased 11% to £250.5m. The group said corporate vouchers increased sales 4% with major new customer
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