Broker Notes, Comments and Analysis

Broker notes, analysis and comments

Union Jack Oil Accelerates Growth with UK Production Boost and US Exploration Upside, Zeus Capital

These developments showcase a balanced portfolio approach, combining steady cash generation from onshore UK assets with high-impact exploration opportunities in the USA..

Chesnara Plc: Landing the big one

Chesnara’s £260m acquisition of HSBC Life (UK), funded through a deeply discounted 176p rights issue alongside cash and credit lines, is set to more than double EPS in 2026 and lift dividends by 6%, underscoring why its 8%+ yield looks hard to ignore...

ICG Enterprise Trust Investor Seminar 2025: Resilience and Growth

Benchmark-beating IRRs, minimal co-investment losses and strong EBITDA growth have driven long-term outperformance...

Hercules PLC’s Strategic Acquisition Propels Growth Potential, SP Angel

A major step forward in its evolution as a leading labour supplier to the UK construction sector..

NIOX Group a ‘Buy’ with Dependable Growth and Cashflow, Singer (LON: NIOX) 

NIOX continues to capitalise on both clinical and research markets, delivering consistent growth and strengthening its cash position...

Global Opportunities Trust Shows Its Mettle | QuotedData

a distinctive, carefully considered, flexible, go-anywhere investment approach that has done a good job of delivering positive NAV returns over the medium-to-long term, while holding up relatively well in periods of market downturns...

Volta Finance: Volatility put into context

This report analyses Volta's share price volatility during recent crises, finding mixed results compared to broader equity markets. Volta currently trades at a double discount to NAV and offers a forecast 2025 dividend yield of 9.4%...

High-Grade Tungsten Results Spark Optimism for Great Western Mining – Shard Capital

The role of tungsten as a critical mineral for industries and a key military metal is prompting a major restocking of supplies and resourcing of non-Chinese supply lines...

RM plc Embarks on New Growth Chapter with RM Ava Launch – Singer Capital Markets

RM is entering an exciting new era with the official launch of RM Ava, a pioneering platform set to redefine the future of education technology..

Norcros Builds Momentum in FY25 with Strong UK Performance – Equity Development

Full-year results for FY25, underscore the early success of its strategic initiatives..

Avation Highlights Underlying Value with Strategic Aircraft Sales – Zeus Capital

A series of compelling updates that underscore the robust value embedded in its balance sheet..

Ferro-Alloy Resources Makes Strategic Progress Toward Vanadium Development – Panmure Liberum

Ferro-Alloy Resources has entered a key framework agreement with Chinese engineering giant CC6 for Phase 1 of its flagship vanadium project in Kazakhstan...

Drax Group Initiates Final Share Buyback Tranche Amid Strong Financial Discipline – Longspur Research

Drax Group show a clear endorsement of its capital discipline, strategic foresight, and operational strength...

Made Tech New Contracts Support Double Digit Revenue and EBITDA Growth, Singer Research

£26.2 million in new contracts during the second half, bringing its total year-to-date bookings to £68.2 million—an 89% increase compared to FY24...

Cerillion’s Strategic Wins and Product Innovation Drive Optimism – Singer Capital Markets

Cerillion latest half-year results reflect a strong performance and promising future trajectory...

Jubilee Metals Targets Major Copper Output Increase in Zambia – Zeus Capital

Jubilee Metals Group Plc (LON:JLP) is advancing rapidly in its ambition to become a copper producer of scale, as highlighted in its latest update on operations in Zambia...

Ilika Strengthens Its Position in the Solid-State Battery Market – Cavendish

Ilika Plc (LON:IKA) is turning heads in the battery tech world with its continued progress in solid-state battery (SSB) innovation, as highlighted in a recent update from Cavendish...

ICG Enterprise Trust: Investing in resilience, delivering growth

ICG Enterprise Trust Plc’s FY’25 results highlight robust 15% EBITDA growth and widening margins, showcasing a resilient strategy amidst market challenges...
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Broker Notes, Comments and Analysis

Union Jack Oil Accelerates Growth with UK Production Boost and US Exploration Upside, Zeus Capital

These developments showcase a balanced portfolio approach, combining steady cash generation from onshore UK assets with high-impact exploration opportunities in the USA..

Chesnara Plc: Landing the big one

Chesnara’s £260m acquisition of HSBC Life (UK), funded through a deeply discounted 176p rights issue alongside cash and credit lines, is set to more than double EPS in 2026 and lift dividends by 6%, underscoring why its 8%+ yield looks hard to ignore...

ICG Enterprise Trust Investor Seminar 2025: Resilience and Growth

Benchmark-beating IRRs, minimal co-investment losses and strong EBITDA growth have driven long-term outperformance...

Hercules PLC’s Strategic Acquisition Propels Growth Potential, SP Angel

A major step forward in its evolution as a leading labour supplier to the UK construction sector..

NIOX Group a ‘Buy’ with Dependable Growth and Cashflow, Singer (LON: NIOX) 

NIOX continues to capitalise on both clinical and research markets, delivering consistent growth and strengthening its cash position...

Global Opportunities Trust Shows Its Mettle | QuotedData

a distinctive, carefully considered, flexible, go-anywhere investment approach that has done a good job of delivering positive NAV returns over the medium-to-long term, while holding up relatively well in periods of market downturns...

Volta Finance: Volatility put into context

This report analyses Volta's share price volatility during recent crises, finding mixed results compared to broader equity markets. Volta currently trades at a double discount to NAV and offers a forecast 2025 dividend yield of 9.4%...

High-Grade Tungsten Results Spark Optimism for Great Western Mining – Shard Capital

The role of tungsten as a critical mineral for industries and a key military metal is prompting a major restocking of supplies and resourcing of non-Chinese supply lines...

RM plc Embarks on New Growth Chapter with RM Ava Launch – Singer Capital Markets

RM is entering an exciting new era with the official launch of RM Ava, a pioneering platform set to redefine the future of education technology..

Norcros Builds Momentum in FY25 with Strong UK Performance – Equity Development

Full-year results for FY25, underscore the early success of its strategic initiatives..

Avation Highlights Underlying Value with Strategic Aircraft Sales – Zeus Capital

A series of compelling updates that underscore the robust value embedded in its balance sheet..

Ferro-Alloy Resources Makes Strategic Progress Toward Vanadium Development – Panmure Liberum

Ferro-Alloy Resources has entered a key framework agreement with Chinese engineering giant CC6 for Phase 1 of its flagship vanadium project in Kazakhstan...

Drax Group Initiates Final Share Buyback Tranche Amid Strong Financial Discipline – Longspur Research

Drax Group show a clear endorsement of its capital discipline, strategic foresight, and operational strength...

Made Tech New Contracts Support Double Digit Revenue and EBITDA Growth, Singer Research

£26.2 million in new contracts during the second half, bringing its total year-to-date bookings to £68.2 million—an 89% increase compared to FY24...

Cerillion’s Strategic Wins and Product Innovation Drive Optimism – Singer Capital Markets

Cerillion latest half-year results reflect a strong performance and promising future trajectory...

Jubilee Metals Targets Major Copper Output Increase in Zambia – Zeus Capital

Jubilee Metals Group Plc (LON:JLP) is advancing rapidly in its ambition to become a copper producer of scale, as highlighted in its latest update on operations in Zambia...

Ilika Strengthens Its Position in the Solid-State Battery Market – Cavendish

Ilika Plc (LON:IKA) is turning heads in the battery tech world with its continued progress in solid-state battery (SSB) innovation, as highlighted in a recent update from Cavendish...

ICG Enterprise Trust: Investing in resilience, delivering growth

ICG Enterprise Trust Plc’s FY’25 results highlight robust 15% EBITDA growth and widening margins, showcasing a resilient strategy amidst market challenges...
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Broker Notes, Comments and Analysis

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