Broker tips: Telecom Plus, KCOM, Entertainment One
25th May 2010 13:08
Multi-utility supplier Telecom Plus's full year profits were down but the figures were not as bad as expected according to KBC Peel Hunt, which has raised its target price for the stock. "Reported profits were impacted by the normalisation of energy margins, which masked the strong underlying growt
Read moreBroker snap: Lots of pluses at Telecom Plus
25th May 2010 11:52
Multi-utility supplier Telecom Plus's full year profits were down but the figures were not as bad as expected according to KBC Peel Hunt, which has raised its target price for the stock. "Reported profits were impacted by the normalisation of energy margins, which masked the strong underlying growt
Read moreBP non-exec increases stake
31st Mar 2010 16:27
On Monday, BP non-executive director George David acquired 18,815 ADSs in the oil and gas giant for $56.89 each, followed by a further 1,185 ADSs at the same price the following day. This equates to 120,000 ordinary shares in total. The equivalent share price is 568.9p. This takes David's stake in
Read moreGalliford Try chief exec builds up stake
11th Dec 2009 16:37
Greg Fitzgerald, chief executive of Galliford Try, has lifted his stake in the construction group. He took 13,490 shares at 296.5p a time, paying a total of about £40,000, and now has 585,008. Shares in the company have jumped by about 40% in the past year. Last week it announced its acquisitio
Read moreNpower lapses option over Telecom Plus
20th Nov 2009 07:48
Npower's call option over 29% of multi-utility group Telecom Plus has lapsed. The arrangement was set up in 2006 when npower agreed to supply energy to Telecom Plus. The lapse of the option does not affect the energy supply arrangements and npower will continue to supply all the energy used by Tele
Read moreTelecom Plus comfortable with expectations
30th Sep 2009 08:35
Telecom Plus, the utility firm that provides gas, electricity to telephone services, said it remains comfortable with market expectations of both earnings and dividends for the year. The group said the first half of the current financial year has seen a continuation of the strong organic growth it
Read moreThursday tips round-up: Tullow Oil, Carillion, Cape
9th Jul 2009 06:05
The Independent reckons Tullow Oil is a risky bet, which is not helped by volatile oil prices, but said the company offers enough for a speculative punt. Buy. The Times says the longer-term issue of how Tullow will commercialise its Ugandan discoveries remains. Yet, at 863p, a busy drilling program
Read moreTelecom Plus forecasts 25% dividend rise
8th Jul 2009 07:49
Utility services provider Telecom Plus has a forecast a 25% increase in its dividend payment this year as it expects continuing strong organic growth over the coming months, driven by a surge in the number of new distributors. The firm said that over the three months to June, the number of services
Read moreAim shares suspended after results delays
29th Jun 2009 16:24
A number of AIM companies have seen their shares suspended today as they fail to publish their results for the year ending December 2008. Metic Group said due to the delays caused by the ongoing restructuring activity, its full year results will be issued no later than Wednesday 8th July 2009. Tra
Read moreFTSE 250 movers: Britvic fizzing despite Irish setback
20th May 2009 12:47
Investors have raised a glass to an impressive set of results from soft drinks group Britvic which shrugged off a profits collapse in Ireland to lift underlying interim profits by over 16% as sales in the UK gathered momentum. Business communications firm Colt Telecom has landed a contract to provi
Read moreTelecom Plus profit jumps 34%, hikes divi
20th May 2009 07:33
Utility services provider Telecom Plus racked up a 34% rise in annual pre-tax profit but warned this year's profit is likely to be lower on the back of reduced interest rates, energy margins and a rise in costs. Profit before tax rose to £22.5m for the year ended 31 March 2009 from £16.8m the previ
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