adel
- Home /
- Author's Archive:
UK election special – Theresa May, or perhaps not!
Oh Theresa, why oh why? Was it personal ambition and vanity that led you to risk an overall party majority for what YouGov is now projecting will be another hung Parliament, including the possibility of a Labour led administration? And this would not be the Labour of Blair or Brown, but a return to the […]
Continue readingUS jobs data for May – real trends now being allowed to show through
Is the BLS letting markets down gently that the US economy sucks and to kiss goodbye to a rate hike in June? Beyond the boost in February from renewed shale fracking and an exceptionally mild winter (on mining and construction job formation), US job growth into 2017 has been dire. I’m not referring to the […]
Continue readingWazzup – 26th May 2017
Informa (inf_l) – Plan B still looks the more attractive option . This morning’s AGM trading statement for the first four months of 2017 did little more than “re-confirm” FY17 expectations for another year of “growth in revenues, earnings and cash flow”. While welcome, after the more mixed and […]
Continue readingWazzup – 25th May
DMGT – cheaper, but not compelling this side of the Brexit negotiations UK newspapers, Brexit and a guidance cut is a fairly toxic combination as the new management discovered today as the shares dumped almost 7%/-52p to 700p per share. The actual results being reported (H1 FY17) however, were broadly consistent with what was flagged […]
Continue readingWazzup – 24rd May 2017
Marks & Spencer Plc – FY17 results: – fortunately markets liked the results (+1.5% to 393.4p close), although beyond the 6% OpFCF yield and big dividend there wasn’t much to get too excited about. Having tucked away over £600m in ‘exceptional’ charges over the last couple of years on everything from ‘onerous leases’ to […]
Continue readingWazzup – 23rd May 2017
Chemicals day at Wazzup. – Yesterday’s $14bn merger announcement between Huntsman and Clariant show that it can be done, notwithstanding Akzo Nobel still playing ‘hard to get’ in face of PPG’s multiple advances. With the sector also at the cusp of pushing through price rises to recoup earlier increases in raw material and […]
Continue readingWazzup – 19th May 2017
Johnston Press (jpr_l) – AGM IMS (wk 1-17): Still tough out there for regionals . . . . Johnston Press (jpr_l) – AGM IMS (wk 1-17): Still tough […]
Continue readingWazzup today in the markets – 18th May 2017
Experian (expn_l) – FY17 results: Sacrificing marketing expenditure to make the margin target . Euromoney (erm_l) – H1 FY17: Signs of stabilisation, but perhaps a little early to celebrate the recovery UBM (ubm_l) – added to GrowthRater portfolio: As price closes below 700p […]
Continue reading