Following a quiet summer period for initial public offerings (IPOs) the London new issue market has now come back to life. October saw seven new companies join the main market of the London Stock Exchange, raising a total of just under £1.65 billion. So far this year £6.1 billion of new money has been raised.…
Figures released last week by Kantar Worldpanel on the Great Britain grocery sector did not make good reading for the London listed supermarkets. While Tesco remains the market leader by some way, its market share fell by 0.7 percentage points to 28.8% in the 12 weeks to 11th October. Morrisons also lost market share while…
Driven by increased penetration of broadband, along with higher adoption of smartphones and tablets, it is no secret that the market for online video streaming is growing strongly. Market leader Netflix for example grew its global subscriber numbers from 20 million in 2010 to 65.55 million by July 2015. For the third quarter of this…
As we enter the height of the company reporting season I have taken the chance to review the performance of some of the shares I have covered on this website/magazine over the past few months. While there have been both winners and losers, I have had a pretty solid performance record overall. The eight companies…
I kicked off writing about football and economics back in February, hot on the heels of the English Premier League clubs spending a record £950 million on player transfer fees. I also suggested that if current trends continue, we could well see the first £1 billion player within the next 20 years. While Gareth Bale’s…
At first glance shares in delivery services business DX Group (DX.) appear to be attractive. Trading on a multiple of just under eight times forecasts for the current financial year the valuation looks cheap. With net debt almost wiped out following a £200 million IPO placing in February 2014 the balance sheet has been significantly…
As seen in this month’s issue of Master Investor Magazine. In the first of a new series on the small cap markets Richard Gill, CFA analyses three recent additions to AIM, all of which are looking to grow in fragmented retail markets. FISHING REPUBLIC Joining AIM in June and raising £1.5 million, Fishing Republic is…
Shares in PPHE Hotel Group have risen 16-fold since the nadir of the 2009 financial crisis, making them one of the best performers on the whole of the London market over that time. They have also gained 45% in 2015 alone, driven by strong trading from the firm’s European hotels, as well as a strengthening…
When markets are not at rock bottom it can be difficult to find value shares. Value shares with growth prospects are even harder to find in any market. Add in a decent dividend yield and you have the holy trinity of attractive investment characteristics. Despite a few caveats, AIM listed Fairpoint Group (FRP) looks to…
Sprue Aegis is a great British company which I have covered for many years, ever since it was listed on the old PLUS markets. The shares have been somewhat of a private investor favourite in recent times, having risen by more than 800% over the past five years. Over that time revenues have more than…
