1617 days ago
In today’s podcast I look at two utterly absurd proposals from Labour on broadband and on Inheritance Tax. Insanity. I also warn No Gold that he better get his £50 ready for me on December 13. Then I look at Angus Energy (ANGS), Optibiotix (OPTI), Neil Woodford disasters Kier (KIE), Eddie Stobart Logistics (ESL) and Non-Standard Finance (NSF). Then at Veltyco (VLTY) which is clearly insolvent. 95p to 1.5p in two years, thank God it had a female CEO to demonstrate the benefits of boardroom diversity for some of that period. Incidentally that CEO Ms. Blau earned 220,000 Euro for just seven months work so did a great job of closing the #GenderPayGap. Rejoice! Rejoice!
2456 days ago
The useless Tory Government has today announced it is to spend £200 million on a new package of measures to help rural England. Natch a good chunk of that is going on improving broadband speeds but the overall measures will, it is promised , create 6,000 jobs.
2972 days ago
You just cannot make this stuff up. The difference between Avanti Communications (AVN) PR hype and reality is chasmous. With a hat tip to reader BlueFrew, let us have a quick look at the £60 million programme announced in December by the Government in partnership with Avanti to roll out broadband access to 300,000 rural homes across the UK. You want the internet Mr Crofter on a remote Scottish Island so you can download some sheep porn? To hell with cutting the deficit, the ever grateful taxpayer & Avanti are here to help.
4117 days ago
FTSE-250 constituent Pace plc (PIC), a developer of technologies and products for PayTV and broadband, has today announced that, following a strong second half year performance, its “full year results are anticipated to be ahead of the board’s previous guidance”. The shares have responded by trading approaching 5% higher at a 202p share price, capitalising the company at £625 million. The following reviews the investment proposition here…is it a good share to tip?
The announcement noted that the company achieved record Q4 revenue, largely driven by demand for next-generation media server products in North America, with media server demand expected to continue a positive trend into the current year. The company is also widening from its hardware position into software and services – achieving a number of key wins and deployments across this area, including with BSkyB in the UK and Foxtel, the largest PayTV operator in Australia. It added it has “a strong (software and services) pipeline into next year”.
