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The Morning News Update with Homeserve, Avanti Communications and Grafenia

The Morning News Update with Homeserve, Avanti Communications and Grafenia

1 mins. to read

FTSE 100 None reporting FTSE 250 Homeserve (HSV) – is trading in line with expectations. The UK business has made solid progress in the first three months of the current financial year, with a continued strong retention rate.  The International businesses continue to deliver growth in customer numbers and secure affinity partnerships.  SIG (SHI) – has…

A mystery voice calls: an extract from the diaries of Evil Knievil

A mystery voice calls: an extract from the diaries of Evil Knievil

2 mins. to read

The man the Daily Mail dubbed “The King of the Short Sellers”, Evil Knievil (aka Simon Cawkwell) is Britain’s most feared bear-raider. A big man with a bigger reputation, Evil Knievil famously made £1mn by short selling shares in Northern Rock during its collapse. He also uses his knowledge and experience to buy shares, often…

Zak MIr on Cruel Crude, BP and Royal Dutch Shell

Zak MIr on Cruel Crude, BP and Royal Dutch Shell

2 mins. to read

One of the big questions for the rest of the summer is if, and when, the great stock market meltdown will occur. But you could also ask, what happened to the melt “up” for crude oil? As recently as last month it would have been relatively easy to suggest a massive rally for the commodity.…

The Morning News Update with Sports Direct, Xaar and Leni Gas & Oil

The Morning News Update with Sports Direct, Xaar and Leni Gas & Oil

1 mins. to read

FTSE 100 Sports Direct (SPD) – underlying pre-tax profits up by 20% at £249.3 million for the year to 27th April. SSE (SSE) – confirms that its financial outlook for 2014/15 is unchanged from that set out in its financial results statement on 21st May. Land Securities (LAND) – has had a strong start to…

Calling all value investors! James Faulkner on NetPlayTV

Calling all value investors! James Faulkner on NetPlayTV

3 mins. to read

The World Cup and a new gambling tax have conspired to see shares in NetPlayTV (NPT) languish of late, but this has led to the emergence of deep value. I first uncovered the shares at 11.75p back on the old WatsHot site, and they peaked at 23.75p back in January. At the current 14.375p they…