Broker notes, analysis and comments
Today we confirm our forecasts for FY(Mar)19E and FY(Mar)20E for Tatton Asset Management (LON:TAM) and publish for the first time our forecasts for FY(Mar)21E. Key points in this note include:..
Cambria Automobiles (LON:CAMB) has delivered a robust FY 2018 performance, in the context of a challenging new car market, which was ahead of our forecasts at the adjusted EPS level..
The 600 Group (LON:SIXH) remains competitively well positioned, with a world-class reputation in machine tools and laser marking. Around 65% of sales are in the US. Business momentum is good,..
The Platinum-certified album of the same name by Elvis Costello is widely held to be the most impressive debut in popular music history; and it ranks 80 in the greatest..
Tatton Asset Management (LON:TAM), interim results to 30 September 2018 reveal: 29.5% YoY rise in Tatton’s assets under management to £5.7bn (Sept 18: £4.4bn); an increase of £0.8bn in..
We note the unscheduled trading update released this morning by Marshall Motor Holdings (LON:MMH), confirming better than expected trading in the used car market. Together with continued growth in the..
Haydale Graphene Industries Plc (LON:HAYD), Financial issues are now likely to affect the shares in the near term, as the group seeks new working capital funding arrangements. However, commercial developments..
REDX Pharma (LON:REDX) new management team is continuing to focus its financial resources on progressing lead candidates in oncology and fibrotic disease into the clinic. An extensive internal review, led..
Alliance Pharma (LON:APH) is a profitable, cash-generative, specialty pharma business. The proportion of sales generated from higher margin international star brands is rising rapidly, and will be boosted by the..
Lookers Plc (LOOK:LON) has announced a trading update this morning confirming they continue to trade in line with market expectations. The group has delivered a credible performance in the context..
International Lithium Corp (TSX:ILC) turnaround is continuing under stewardship of the new Chairman/CEO. Restructuring the Canadian assets shifts the focus towards the Raleigh Lake deposit, which has geological similarities with..
What’s new: Purplebricks’ Plc (LON:PURP) update for the 6 months ended 31 October 2018 confirms: Purplebricks has over £100m net cash prior to the £11.1m Homeday investment; Purplebricks is on..
The SMMT (Society of Motor Manufacturers and Traders) has released data this morning confirming new car registrations in October of 153,599 which represents a 2.9% decline YOY. This is a..
Warpaint London Plc (LON:W7L) has released a trading update for the year ending 31 December 2018. The company has prudently signalled that group sales for FY2018 are likely to be..
ValiRx Plc (LON:VAL) is a clinical-stage biopharmaceutical company focused on the development of therapeutics for the treatment of cancer. The company’s two leading assets are in clinical trials: VAL201 (Phase..
Primary Health Properties (LON:PHP) dividend growth is set to accelerate. In addition, we see a number of drivers to NAV growth. PHP invests in Government-income-backed, long leases. Two years ago,..
SatoshiPay is a developer of micropayment solutions for the digital economy. Its blockchain-based platform facilitates payments of small, even fractional, sums for online content and services. This delivers a much-needed..
BCA Marketplace PLC (LON:BCA), We note the recent under performance of the shares of late and believe the current price to be an attractive entry point for investors. BCA has..
The 4 October results confirmed steady growth, controlled risk and delivery in line with expectations. Double-digit underlying revenue and earnings growth was generated from stable customer numbers, and achieved more..
Palace Capital (LON:PCA) has almost doubled NAV since the initial investment in October 2013. Good income generation is evidenced by the EPRA EPS and the DPS track record, whilst undertaking..
