641 days ago
Previously updating on the UK’s largest pawnbroker and a leading retailer of new and pre-owned jewellery and watches, H&T Group (HAT) we concluded that we continued to look for further news flow to drive a return to an above 350p share price. The shares have now reached further higher than that.
3259 days ago
Alliance Pharma (APH) has updated investors that “trading in the first four months of 2015 has been satisfactory” and that“we look forward to the remainder of 2015 with confidence.”
3371 days ago
Marketing communications group Creston (CRE) posted up what can only be described as a rather weak trading statement for the period from 1 October to December 31. Sales grew by 5% in H1 but that slowed to just 1% in Q3.
4219 days ago
I recommended shares in Fiberweb (LSE: FWEB) in August 2009 at 60p as the market looked to have overly discounted the company’s debt burden given its cash generation and I thought its markets close to the bottom. The company has subsequently sold the majority of its ‘hygiene nonwovens’ business and resultantly now has a net cash position. The shares currently trade at 70p, giving a market cap of £121.5 million, and, including dividends of 12.4p, I would argue that I have delivered a fairly decent return (37%). However, with macro economic recovery set to be gradual and drawn-out, the outlook in the company’s international specialty industrial and construction materials businesses is, I would argue, pretty uncertain. As such, there look to be more attractive plays on similar ratings elsewhere and so it is time to sell and move on. Here is why.
