magazine archive
magazine archive
Great Ideas Update
We expect a bidding war for Centamin
Thursday 05 Dec 2019Centamin ( CEY ) 127.355p Loss to date: 1.7% Original entry point: Buy at 129.6p, 1 August 2019 Centamin ( CEY ) has urged its shareholders to ‘take no action’ after the FTSE 250 miner received an all-share merger proposal from Canadian gold group Endeavour Mining. The proposal from Endeavour,...
Stick with Ocado despite wild share price swings
Thursday 05 Dec 2019OCADO ( OCDO ) £12.19 Gain to date: 2.7% Original entry point: Buy at £11.87, 25 July 2019 Our ‘buy’ call on grocery delivery solutions firm Ocado ( OCDO ) has been tested in recent weeks with the shares demonstrating above-average volatility. Last month the stock sank 20% in short order due to...
India and African Swine Fever still driving Genus
Thursday 28 Nov 2019Genus ( GNS ) £30.78 Gain to date 8.2% Original entry price: Buy at £28.46, 19 September 2019 At a recent healthcare conference bovine and porcine genetics company Genus ( GNS ) gave investors an update on the key developments for the business including African Swine Fever (ASF) and the potential...
Valuation and yield support our positive long-term view on Aviva
Thursday 28 Nov 2019Aviva ( AV. ) 403p Loss to date: 6.3% Original entry point: Buy at 430p, 2 May 2019 The roller-coaster ride at insurer Aviva ( AV. ) continued this month with the shares almost making a new 12-month high a fortnight ago only to hurtle back towards earth, hence the update on our positive call. The...
Time to top-slice re-rated Judges Scientific
Thursday 21 Nov 2019JUDGES SCIENTIFIC ( JDG:AIM ) £50.50 Gain to date: 77.2% Original entry point: Buy at £28.50, 11 April 2019 A near-80% gain in a few short years would be impressive, but to do it in just a handful of months takes luck as well as good judgement. Yet this is what’s happened to the performance of...
Fuller’s tripped up by mechanics of separating beer business
Thursday 21 Nov 2019Fuller Smith & Turner ( FSTA ) £10.20 Loss to date: 4.7% Original entry point: Buy at £10.70, 14 February 2019 Pub and hotels group Fuller Smith & Turner ( FSTA ) admits that it has underestimated costs of ‘transitioning’ the beer business to Japanese brewer Asahi, which struck a deal in...
Why we are turning negative on Restaurant Group
Thursday 14 Nov 2019Restaurant Group ( RTN ) 139.8p Gain to date: 23% Original entry price: Buy at 113.2p, 11 April 2019 Shares in casual dining firm Restaurant Group ( RTN ) have stalled a little since a disappointing set of first half results at the beginning of September. We said then to stick with the shares but...
Smith & Nephew sell-off looks overdone
Thursday 14 Nov 2019Smith & Nephew ( SN. ) £16.33 Loss to date 14.4% Original entry price: Buy at £19.09, 8 August 2019 Diversified medical devices maker Smith & Nephew ( SN. ) has twice upgraded its expectations for revenue growth in the past six months, demonstrating that the new operational structure is...
IWG delivers revenue, occupancy and franchise growth
Thursday 14 Nov 2019IWG ( IWG ) 394.4p Loss to date: 3.6% Original entry point: Buy at 409.3p, 3 October 2019 A strong third quarter update on 5 November reinforces our confidence in the long-term attractions of IWG. Revenue grew by 15.5% at constant currency for its open centres, driven principally by the Americas,...
Pat on the head for Pets at Home
Thursday 14 Nov 2019PETS AT HOME ( PETS ) 205.4p Loss to date: 3.6% Original entry point: Buy at 213p, 5 September 2019 While our recent call on specialist retailer Pets at Home ( PETS ) has still to produce a positive return, we note that Liberum Capital has issued a ‘buy’ recommendation on the UK’s leading pet care...