45 days ago
Most recently on ‘high performance polymers’ company Victrex (VCT), in July with the shares rising above 650p on a positive trading statement we concluded including that there looked clear profit upside potential and a recovery and income Buy. What of now a “Pre-Close Trading Update” and the shares at 985p?
46 days ago
UK wealth management group Brooks Macdonald (BRK) has announced its year ended 30th June 2026 results and that it presently anticipates current year financial performance “marginally ahead of current market expectations”. How do the latest results and outlook compare to the valuation at a 1555p share price?
60 days ago
Mining services company Capital (CAPD) has announced its results for the first half of the 2026 calendar year including emphasising “on the back of a strong H1, we are pleased to announce an increase in our 2026 group revenue guidance to $430-$450 million (from $410-$440 million)”. What’s the outlook for the valuation from a 112p share price?
61 days ago
Data and information storage and services company Restore plc (RST) has announced its half-year 2026 results headlined “Strong H1 performance with revenue up 21% and adjusted EPS up 24%; confident of delivering full year result at least in line with market expectations”. How strong is that relative to a 288p share price, £387.7 million market capitalisation?
69 days ago
Eco Buildings Group (ECOB) has issued an AGM update including that “trading for the current financial year remains in line with expectations… The company also continues to progress its wider international strategy, including the recent launch of Eco Buildings UK and its ongoing joint venture activities in Senegal and Indonesia”.
80 days ago
Describing itself as “the world’s leading industrial thread and footwear components manufacturer”, Coats Group (COA) has announced half-year 2026 results headlined “Good strategic progress in H1 with ongoing market outperformance”. How encouraging is the performance from an 84.55p share price, £1.6 billion market capitalisation?
80 days ago
On 2025 results from industrial components manufacturer and distributor Essentra (ESNT), we were positive on noted “strengthened foundations and good orderbook momentum”. What about now half-year 2026 results headlined including “strong” performance?
88 days ago
Onshore wind turbine operating, maintenance, repairing and remote monitoring-focused, European Green Transition (EGT) has issued an “H1 2026 Trading Update” including emphasising “statutory revenue of c.£6.8 million in the four months since completion of the acquisition of the Wind Energy Services business… remains on track to deliver its medium-term target of £50 million group revenue and double-digit EBITDA margins”. That looks to make the shares dirt cheap at a 9.5p share price, £25.6 million market capitalisation.
98 days ago
‘Defence and technology services’ group QinetiQ (QQ.) has issued a “Q1 Trading Update” headlined “First quarter performance consistent with expectations; record backlog and Defence Investment Plan support outlook”. What does that suggest in terms of upside potential from the valuation at an around 453p share price?
102 days ago
Presently onshore wind turbine operating, maintenance, repairing and remote monitoring-focused, European Green Transition (EGT) has issued a “Q2 2026 Wind Energy Services Operational Update” announcement including that its “wind energy services business delivered strong momentum through Q2… and looks forward to building on its momentum through Q3 and beyond”. How good is this news from the valuation at already a 9.5p share price comparing to a 6.75p offer price tip just in April?
102 days ago
Johnson Service Group (JSG) has issued a trading update including “notwithstanding the challenges being experienced within hospitality, the board continues to expect to deliver another year of progress and margin improvement… on track towards achieving our targeted adjusted operating margin of at least 14.0% in 2026”.
104 days ago
Amaroq (AMRQ) has announced a “subscription agreement… to provide further funding to support its 2026/27 exploration programme and related activities; specifically the high impact Ilua rare earth project, which is currently being drilled, and the Minturn, potential large scale iron ore and IOCG, project in the north of Greenland”.
105 days ago
Most recently on easyJet (EZJ), we noted agreement in principle on the key financial terms of a recommended cash offer of 690p per share but, with the gap to that from a 614p share price and having already de-risked a bit and still some potential for rival interest, to continue to hold the rest. Now another “possible offer” announcement.
108 days ago
Most recently on ‘high performance polymers’ company Victrex (VCT), in May with the shares at 630p we concluded the valuation meant we’re prepared to give recently-appointed CEO James Routh a bit of time to try to implement the ‘profit improvement plan’. Now a “Trading Statement” and what of the shares currently rising above 650p in response?
110 days ago
‘Investment manager in real assets and capital for growth’ Foresight Group (FSG) has announced its results for its year ended 31st March 2026 emphasising “investors continued to back our strategies with record retail fundraising of £630 million - a fifth successive year high - alongside institutional momentum in our flagship FEIP II strategy and our regional private equity funds”. What has that resulted in relative to a current around 450p share price, £500 million market cap?
117 days ago
In an AGM statement Kefi Gold & Copper (KEFI) Executive Chairman Harry Anagnostaras-Adams states early “in Ethiopia the Tulu Kapi gold project is about to enter month 4 of its 27-month development schedule… The Saudi operating entity is 13%-owned… has discovered and reported an aggregate in-situ metal value of approximately double that which is currently reported at Tulu Kapi” but later admits the company “clearly under-estimated these historical challenges and for that I take much of the responsibility”. If so, why has 'arry been awarded such huge bonuses? That, for which he does not apologise, suggests his words are meaningless.
118 days ago
With recently-announced results for its year-ended 31st March 2026 including noting adjusted earnings per share up 21% to 31.5p and dividend per share up 24% to 11p - including 8p to be paid on 20th August with an ex-dividend date of 23rd July - we suggest there is value in shares in this group “playing a critical role in the modernisation of defence platforms and technologies”.
122 days ago
Earlier this week we noted on easyJet (EZJ) that its ‘latest rejection sees possible offer taken public’, with Castlelake, L.P. “announcing this third proposal to enable easyJet shareholders to consider its merits and provide their views… to the easyJet board… following the rejection of three proposals by the easyJet board, and given its unwillingness to engage meaningfully”. That third proposal was at 625p per share and, with we considering the above suggested a higher price still likely possible on meaningful engagement, we concluded with the shares up to just above 520p to Hold. What about now “Possible Offer” updates and the shares up to 584p to sell?
123 days ago
SMEs business capital provider Duke Capital (DUKE) has announced its results for its year ended 31st March 2026 including emphasising that it “remains confident that our portfolio and our business model are resilient across all market conditions: built to preserve capital and return a consistent stream of dividend income when conditions are difficult and to create value when they improve”.
126 days ago
‘Smart sensing and software company’ Oxford Metrics (OMG) has announced results for its half-year ended 31st March 2026 including emphasising “revenue growth, improved adjusted EBIT and continued strategic progress across the group”. What’s though the detail compared to the valuation from a 41.8p share price?
143 days ago
Satsuma Technology (SATS) has issued a “Monthly Update” commencing that “May 2026 was a quieter month for the company, with its focus remaining on cost discipline. There were no acquisitions or disposals of Bitcoin during the month”. How serious is the “focus” on cost discipline and, resultantly, shareholder value though?
145 days ago
US investment firm Castlelake, L.P. has issued announcements including that it “notes the recent speculation regarding easyJet” (EZJ) and “confirms that it is in the early stages of considering a possible offer for the company”. What about this with shares in easyJet up to 430p in response?
146 days ago
Eco Buildings Group (ECOB) has announced “Launch of Eco Buildings UK” including with “a binding framework agreement… combining Eco Buildings’ proprietary construction technology with highly experienced UK and international construction and project management expertise”. How positive is this from a 12p share price, £14.6 million market capitalisation?
157 days ago
Investment company Marwyn Value Investors (MVI) is to pay another 2.265p per share quarterly dividend on 29th May following recent 2025 results and with a latest stated estimated net asset value per share of 255.8p, so how’s this 127p offer price tip from last year currently faring?
158 days ago
Ariana Resources (AAU) states that it “is pleased to advise that it has agreed to sell 13.6% out of its 23.5% interest in Zenit to existing Zenit shareholder Özaltin”. With the Zenit venture including all of Ariana’s current gold production, how “pleased” should it really be with this deal netting it “an estimated c.US$17.2 million after local taxes”?
171 days ago
Ariana Resources (AAU) has issued an “Update on Dokwe Project Feasibility Activities” announcement including “diamond drilling underway as part of a three-rig programme totalling an initial c.3,500m, focusing on geotechnical and metallurgical drilling”. The following is why there looks material upside potential from a currently nudged up to 1.9p share price.
172 days ago
EasyJet (EZJ) has issued a trading update, stating that for its half-year ended 31st March 2026 “the airline delivering a load factor of 90%, up two percentage points year on year. easyJet holidays saw continued strong demand, with customer numbers increasing by 22%” but also noting some recent financial impacts from the Middle East conflict.
179 days ago
Shares in Fonix (FNX) exceeded 270p in 2024 and were above 200p commencing the final quarter of the 2025 calendar year whilst the company’s last month-announced results included “increased interim dividend of 3.1p (FY25: 2.9p) per share, in line with the group’s progressive dividend policy to pay out at least 75% of adjusted EPS… Outlook… positive momentum across its core UK and Ireland markets and encouraging progress internationally”. However, with a recent tech sector de-rating and geopolitical-based general markets fall, the shares are available at 167.2p.
186 days ago
Wealth management group Brooks Macdonald (BRK) has announced at end-March its funds under management & advice were £19.9 billion and that “the full year 2026 financial performance remains in line with the board’s previous expectations”. How do those compare to its valuation at a 1430p share price?
187 days ago
Formerly Phoenix Group Holdings, now Standard Life (SDLF) has announced an agreement to acquire Aegon UK for a total consideration of £2 billion. What about this with shares in Standard Life responding slightly higher to 729p, giving a £7.3 billion market cap?
194 days ago
A 6.75p offer price tip just earlier this month, European Green Transition (EGT) has issued a “Q1 2026 Operational Update” and what about it currently sparking the shares up towards 10p?
199 days ago
Van Elle Holdings (VANL) shares were recommended in 2024 at a 37p offer price and up to 40p targeting a recovery to 50p+ and we most recently wrote on them this January, concluding that the valuation looked to include very little for recovery potential and, for the patient, that a return to a 50p+ share price was quite possible. As it has turned out, from then not much patience has been required...
200 days ago
European Green Transition (EGT) has recently itself ‘transitioned’ from a portfolio of sub-scale green “assets” (albeit which it may be able to now get some disposal proceeds from) to a focus on an acquired onshore wind turbine operating, maintenance, repairing and remote monitoring business of some scale. The following is why that suggests growth and income ‘Penny Shares’ appeal from a 6.75p offer price for the shares, £18.2 million market cap.
201 days ago
Shares in “global leader in advanced materials” Morgan Advanced Materials (MGAM) had been rising this year and closed February at above 240p. There’s followed its calendar year 2025 results which, together with the geopolitics, saw the shares to below 210p and suggest to us buying opportunity.
201 days ago
‘Life, pensions and investment company with specialist expertise in consolidation’, Chesnara (CSN) has announced its results for the 2025 calendar year emphasising “Strong financial delivery and 6% increase in final dividend” and notes “two material deals, the acquisition of HSBC Life (UK) Ltd which completed in January 2026 and the proposed acquisition of Scottish Widows Europe SA”. What does the results announcement suggest on the outlook of the shares from a 290p price?
202 days ago
SMEs business capital provider Duke Capital (DUKE) has issued a “Trading and Operational Update” stating that it is “pleased to show both the resilience of our recurring revenue and upside from exits in the current quarter”. What does the detail of that suggest from a 26.25p share price?
207 days ago
Designer and manufacturer of ‘electrification’ products and systems Luceco (LUCE) has announced its results for the 2025 calendar year and that, with “continued momentum” and a 2026 “strong start”, it is increasing its expectations. What does that suggest looking ahead from an up to 173p share price?
207 days ago
Formerly Phoenix Group Holdings, now Standard Life plc (SDLF), has announced its results for the 2025 calendar year including emphasising “profitable growth driving balance sheet strengthening… Uniquely positioned in attractive markets”. How is its performance and outlook relative to its valuation from a 680p share price?
213 days ago
Legal & General (LGEN) has announced its results for the 2025 calendar year headlined “9% core EPS growth; strong strategic progress; £1.2bn share buyback”. That sounds good and how does it compare to the valuation at a, slightly ahead of our tip last year, 245p share price?
215 days ago
The abrdn Emerging Markets ex-China Fund (AMEX - AEF) has issued 2025 results and “distribution payment details” and argues that, “although emerging markets have re-rated… their valuations remain relatively attractive”. The shares in response are at $7.64.
233 days ago
UK and Republic of Ireland ‘textile services provider’ Johnson Service Group (JSG) has announced its results for the 2025 calendar year and that it “expects another year of growth and margin improvement in FY26”. How good is the news from the valuation at a 131p share price?
242 days ago
Amaroq (AMRQ) has issued a “2026 Production and Financial Guidance and Exploration Update”, with CEO Eldur Olafsson emphasising “with the Nalunaq gold mine now through the commissioning of Phase 1 and running in steady state operations, I am pleased to be announcing our 2026 full year production guidance range of 25-35koz of gold. Within the current gold price environment and based on our cost and capital budgets for the year, we anticipate strong free cash flow from operations”. The following is why that and the company’s other potential also in Greenland suggests there is still value from an up to 121p share price, £563 million market cap.
242 days ago
Platinum group metals and chrome in South Africa focused Sylvania Platinum (SLP) has announced results for its half-year ended 31st December 2025 and notes chrome concentrate target of 60,000-90,000 tons of annual production and a recently increased to 90,000-93,000 4E PGM full-year production range.
244 days ago
Let’s start with two macro predictions...
249 days ago
Chesnara (CSN) has announced an agreement to acquire closed life insurance business Scottish Widows Europe SA and that it “is expected to deliver ~€250m of incremental cash generation over the lifetime of the policies… with ~€100m of this cash generation occurring in the first five years”. What does that suggest for the deal value, with shares in the company currently up 5% to 325.5p in response?
255 days ago
BP (BP.) has announced its fourth quarter and full-year 2025 results with the headline news that it has decided to suspend the share buyback to accelerate the pay down of debt. That process is being driven by the sale of non-core assets, notably Castrol and the green rubbish that previous management backed. The market has responded by marking the shares down to around 450p, but that still compares well to our below 350p tip last year and the following is why we agree with the company’s move and believe there is further upside.
283 days ago
‘Precision engineering’ company Hunting (HTG) has issued a trading statement including “total cash and bank / (borrowings) of c.$59 - $61 million at year-end, reflecting strong cash collection in final quarter, and after net acquisition, dividend, treasury share and share buyback outflows totalling c.$138 million” and that it expects good organic growth this year. What about the statement in the context of the company’s valuation at an around 400p share price?
299 days ago
Between Christmas Eve and January 2nd the team will be publishing 18 share tips of the year. Next up is a BUY from the team at N50
301 days ago
BP (BP.) has announced that, “following a comprehensive strategic review of Castrol”, it has reached an agreement to sell a 65% shareholding in Castrol, arguing that it “represents a significant milestone in bp’s commitment to accelerate its strategy, including simplifying the portfolio, strengthening the balance sheet, and focusing the downstream on its leading integrated businesses”. What about that and a slightly higher share price at 428p in response?
318 days ago
Amaroq (AMRQ) has announced drilling results from its Nanoq gold project in Greenland, emphasising “the outcomes have exceeded our pre-drill expectations and provide us with strong confidence in Nanoq’s potential to host a material gold deposit”. What’s the significance of this relative to the valuation from an up to 94.5p share price?
321 days ago
Recent 27.5p offer price tip, “hybrid capital” for SMEs business, Duke Capital (DUKE) has announced results for its half-year ended 30th September 2025 emphasising that it “is well placed to build on its strong foundations”. How are the results and outlook relative to the valuation at a now 28.25p share price?
325 days ago
‘High performance polymers’ company Victrex (VCT) has announced results for its year ended 30th September 2025 and new plans including for profit improvement and capital allocation. What’s the outlook of those relative to the valuation from a 655p share price?
326 days ago
easyJet (EZJ) has announced results for its year ended 30th September 2025 headlined that it “reports 9% earnings growth in FY25, with easyJet holidays target achieved ahead of schedule and upgraded to £450m PBT by FY30”. So how does the performance and outlook compare to the valuation from a 485p share price?
328 days ago
Ariana Resources (AAU) has issued a “Kizilcukur Drilling Identifies Potential Extension”-titled announcement, which is potentially significant as Kizilcukur is being advanced towards providing satellite ore feed to the nearby producing Kiziltepe mine.
332 days ago
Phoenix Group Holdings (PHNX) has emphasised “a strong first half performance with progress against all key financial metrics we use to drive the business, demonstrating continued momentum towards our 2026 targets”. The following is why that suggests a valuation meaning a prospective above 8% dividend yield looks too harsh.
336 days ago
Ariana Resources (AAU) has announced “high-grade gold in expansion & infill drilling at Tavsan Mine… expected to facilitate an expansion of the Resource and ultimately the Reserve in this area, as we continue to work towards further increases to the expected total 8-year life of mine”. How does this, from the company’s 23.5% owned venture in Turkey, compare to the valuation at an up to 1.475p share price?
340 days ago
Amaroq (AMRQ) has announced its third quarter of 2025 results and adds that “in October 2025, ahead of the planned shut-down of operations, gold production had already reached approximately 5,000 oz, in line with our revised 2025 production guidance. With the shutdown period now complete, and following the restart of operations, we now expect 2025 full year gold production to be 6,000 to 7,000 oz”. With also it stating that it is on track to achieve nameplate throughput of 300 t/d by year-end at Nalunaq in Greenland, the following is why there still looks strong value from a 93.5p share price.
342 days ago
It is currently the bitcoin bubble that seems to be bursting, the AI bubble was flagged up by Lucian here last week, it is deflating too. You may find it easier to short the big US AI plays such as Nvidia, but if you are looking for a UK short here is one where my pal Evil Banksta is short and where I see the shares falling by at least 75% if not more.
346 days ago
Industrial products distributor RS Group (RS1) has announced results for its half-year ended 30th September 2025 and emphasises that its “initiatives are driving improvements in some of our key underlying operational metrics and providing resilience in financial performance”. What about this from a currently falling share price after it reached 595p?
348 days ago
Amaroq (AMRQ) has issued an update announcement on its ‘West Greenland Hub’ emphasising that it “is pleased to announce results from re-assayed bulk samples from the Black Angel mine, as well as the fulfilment of all conditions precedent in relation to the previously announced acquisition of the Black Angel mine”. The shares are 91p on the back of this but, although we are almost 100% ahead on this share tip, we still think they are cheap.
353 days ago
BP (BP.) has announced its third quarter 2025 results, including emphasising strengthening balance sheet and increasing cash flow and returns “good progress” and that it is “looking to accelerate delivery of our plans, including undertaking a thorough review of our portfolio to drive simplification and targeting further improvements in cost performance and efficiency”. How is its performance relative to the valuation at a current 458.7p share price?
362 days ago
Amaroq (AMRQ) has announced “New Gold Discoveries Across Greenland with Grades up to 38.7 g/t Au”. With that a very high grade of gold, it immediately suggests yet more significant potential beyond the company’s flagship Nalunaq project in Greenland.
363 days ago
Ariana Resources (AAU) has announced what it describes as a “Significant Dokwe Exploration Update”. What’s the detail of this and what about the shares at 1.6p in response? Are they still too cheap?
364 days ago
‘Precision engineering’ company Hunting plc (HTG) has issued a “trading update” including that, though its 2025 EBITDA outturn is expected to be at the lower end of its published guidance range of $135-$145 million, it’s still “strong year-on-year growth compared to 2024”. The shares are up on the news at 351.5p.
370 days ago
Mining services company Capital Limited (CAPD) has issued a “Q3 2025 Trading Update” noting the “highest quarterly revenue in its operating history” and “robust revenue and margin growth across all business divisions and expect to finish the year strong, accelerating into 2026”. What about those statements and the shares rising to 120p in response?
374 days ago
Serabi Gold (SRB) has announced pretty good Q3 numbers – record gold production of 12,090 ounces, a 27% increase from Q3-2024. Cash at the period end was $38.8 million vs $30.4 million, three months prior. And it says that it is on track to hit FY guidance of 44,000-47,000 ounces of gold production. There was also some decent, if not spectacular, drilling grades announced.
375 days ago
Ariana Resources (AAU) has issued a “Rig Mobilisation for Drilling Programme at Dokwe”-titled announcement, stating it’s “to test several targets… expected to yield initial assay results before the year end”. What potential does this add from a 1.76p share price, £41.2 million market cap?
509 days ago
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524 days ago
We recommended shares in the UK’s largest pawnbroking and jewellery and watches retailing group H&T (HAT) again at a 395p offer price just under a year ago, considering that they then again appealed on a valuation and income basis. We most recently reiterated that view in March this year with the shares then still below 400p… and now a recommended offer at 650p per share from Nasdaq-listed FirstCash. So with the shares now at 642p to sell, what to do?
527 days ago
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541 days ago
Specialty chemicals company Elementis (ELM) has issued a “First quarter trading update” headlined “Profit growth with margin improvement in line with expectations; CMD objectives on track”. So how good is this news from a just above 125p share price?
542 days ago
We recommended shares in Urban Logistics REIT (SHED), describing itself as “the only London-listed REIT to focus on specialist last mile/last touch logistics assets”, just in March at a 115.6p offer price, concluding that with an “above 25% discount to the noted net tangible assets and a now-improving interest rate environment and a favourable demand/supply mismatch for the type of space the company specialises in, we see 20%+ share price upside here and that dividend whilst waiting. Therefore, at up to 117.5p, a value and income Buy”. What about now a “possible offer” that “it would be minded to recommend” and the shares up to comfortably above 140p to sell?
544 days ago
For shorters, this is a nil brainer. Rarely does a company explicitly tell you that its shares are 75% overvalued but that is exactly what has happened here.
548 days ago
‘Meat, seafood, plant-based foods and pre-prepared meals’ food producer Hilton Food Group (HFG) has announced its results for the year ended 29th December 2024 and that “2025 trading has started well”. What upside does that suggest from an 864p share price?
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