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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

We explain the recent developments behind three our of top investment selections

Several constituents of our Great Ideas portfolio have had relevant pieces of news of late.

On 30 April Diversified Gas & Oil’s (DGOC:AIM) results demonstrated the benefit of its recent acquisition of producing assets in its Appalachian basin base. Adjusted earnings increased by more than 300% to $17.5m and total dividends increased by 173% to 5.44
cents per share.

Chief executive Rusty Hutson tells Shares the company still has room to acquire further assets in the Appalachian basin using expanded debt facilities and internal cash flow. The company has also announced it will pay dividends on a quarterly basis going forward.

Chemicals firm Croda (CRDA) took a bit of a hit on its first quarter update (26 April) as currency headwinds undermined growth. Expansion of 2.6% at constant currency became a 2.7% decline after the forex adjustment. More reassuringly management reiterated
full year guidance.

Finally the ROBO Global Robotics and Automation ETF (ROBG) traded slightly lower despite constituents of its underlying index posting the strongest positive earnings results since inception in 2011.

However it is important to note that the index provider is citing figures from the last quarter of 2017 – the stock market is forward looking and this information is old news. (TS)

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