Following our feature piece in this months issue of Spreadbet Magazine and the rare Conviction Buy recommendation we made, it is encouraging to see Hoil making progress relative to both the Oil E&P sector and also the FTSE – the first time this has happened in months. Looking at the chart above which indicates a…
This morning’s IMS from Helphire offers up 2 positive comments – Firstly, the reduction in net debt of almost £8m in the last quarter is encouraging, particularly with the companies equity being valued currently at less than £5m. Secondly, following the legal proceedings by industry peer Accident Exchange against insurer Autofocus, these actions being brought about…
Conor Foley – incumbent CEO of Worldspreads at the time of the fraud. Simon Mundy of the FT has broken the following story in todays FT – “Worldspreads had moved 80 per cent of its clients’ funds out of segregated accounts at the time of defunct spread betting operator’s failure, and may have routinely misused…
Thursday’s news essentially safeguards JJB’s future for the next 24 months, in particular with Bank of Scotland renewing their facilities right out to 2015. The impending Olympic Games is an extremely important period for JJB and we believe this was likely a critical element of the attraction to Dicks. With a brightening economic outlook and…
