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New deal lifts Gama Aviation

New deal lifts Gama Aviation

0 mins. to read

Shares in Gama Aviation (LON:GMAA) rose by 1.73% to 223.80p after the company landed a £50 million extension to its deal providing air ambulance services in Scotland. Get the latest from Master Investor directly in your inbox – Sign-up HERE for FREE The company has worked with the Scottish Ambulance Service for nearly 30 years,…

Johnson Matthey shares up despite profit fall

Johnson Matthey shares up despite profit fall

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Chemicals producer Johnson Matthey (LON:JMAT) reported that profits before tax for the year ended 31st March dropped by 31% to £320 million due to restructuring and legal fees, despite a 17% improvement in sales. Get the latest from Master Investor directly in your inbox – Sign-up HERE for FREE The board expressed confidence that the company…

FirstGroup overtaken by losses
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FirstGroup overtaken by losses

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FTSE 250 travel operator First Group (LON:FGP) has announced that CEO Tim O’Toole will be stepping down from his position and from the board after the company posted a highly disappointing set of results for the year ended 31st March and wrote down the value of a number of assets. Get the latest from Master…

LXI REIT pays an inflation-linked yield of 5.1%
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LXI REIT pays an inflation-linked yield of 5.1%

2 mins. to read

If you ask an income investor what they would want from their ideal fund it would be a high, inflation-linked yield, with the prospect of long-term capital growth. Unfortunately there are not very many that fit the bill, which makes the LXI REIT (LON:LXI) something of a rarity. LXI raised £138.2 million when it floated on…

Rhinomed secures US retail deal

Rhinomed secures US retail deal

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Australian-listed medical devices manufacturer and Master Investor Show 2018 exhibitor Rhinomed (ASX:RNO) has scored a deal with a major US pharmacy that will see its Mute range of products sold in more than 3,000 outlets across the states. Get the latest from Master Investor directly in your inbox – Sign-up HERE for FREE The identity…

UK dividend surge belies vulnerabilities

UK dividend surge belies vulnerabilities

4 mins. to read

The UK stock market is traditionally a haven for income seekers given its well established dividend culture. Certainly, the current yield of the UK market, at around 4%, is significantly higher than the global average (the MSCI World Index currently yields c. 2.4%). However, that headline figure belies some important underlying weaknesses that investors should…

Bodycote raises forecasts after strong start

Bodycote raises forecasts after strong start

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FTSE 250 heat treatment outfit Bodycote (LON:BOY) has upped its full year forecasts today after revenues for the four months ended 30th April climbed 7% to £243 million driven by a strong performance in the energy and automotive sectors. There was also an encouraging improvement in profit margins. Management said that, notwithstanding the group’s restricted…

Stobart’s broker resigns as board strife continues

Stobart’s broker resigns as board strife continues

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Shares in infrastructure and support services provider Stobart Group (LON:STOB) have slid further today after Cenkos resigned as the group’s broker due to the current conflict within the company’s board. Get the latest from Master Investor directly in your inbox – Sign-up HERE for FREE Former CEO and current executive director Andrew Tinkler has announced…

Why the best forex trading strategies involve no spread brokers

Why the best forex trading strategies involve no spread brokers

2 mins. to read

Are you fascinated by the movement of currencies across the world and want to turn that interest into some serious profit? If so, forex trading could be the perfect business opportunity. Trading currencies against each other can be a great way to make quick returns, but it’s a risky sector to operate in. Currency values…

Evil Knievil: This is a close shave

Evil Knievil: This is a close shave

1 mins. to read

I have used Gillette Sensor holders and razor blades for at least thirty years. However, when ordering more blades the other day, I got £30 worth for an outlay of £60. I must have misread the deal on Amazon. But it caused me to wonder whether there is any practical competition to Gillette and therefore…