magazine archive
magazine archive
Story In Numbers
Investors dismiss Cambridge Analytica scandal to drive Facebook shares to new record
Thursday 12 Jul 2018Do investors have super short memories, or is the Facebook/Cambridge Analytica data harvesting scandal now seen as a storm in a teacup? Since the story broke in March - initially wiping billions of dollars off the social media giant’s market value as its share price crashed close on 20% - the stock...
Greene King sells extra 500,000 pints as World Cup fever takes hold
Thursday 12 Jul 2018Football fans were in a merry mood as England beat Panama 6-1 during the World Cup, Greene King ( GNK ) revealing it sold an extra 500,000 pints of beer on the day of the game. Pub operators usually benefit from a glut of fans visiting their local to watch the latest World Cup matches. Other UK-...
Investors head for the exits
Thursday 12 Jul 2018With the clock ticking towards Britain’s exit from the EU, outflows from UK equity funds reached £1.2bn in May. This is according to the Investment Association’s (IA) monthly statistics of UK investor behaviour, with UK All Companies proving the worst-selling IA sector with a £996m outflow...
Ariana unveils punchy exploration target for Turkish project
Thursday 05 Jul 2018Ariana Resources ( AAU:AIM ) reckons it could have up to 2.7m ounces of gold and 16.1m ounces of silver in its Salinbas project in Turkey, which would represent one of the largest precious metal exploration assets of any miner on AIM. This is only a target at present and is dependent on lots of...
Horns out on this near-record breaking bull run
Thursday 05 Jul 2018The current bull run in UK equities is closing in on its 10 year anniversary, chalking up just over 3,400 days and a 133% return since kicking off in March 2009. That makes it the second longest since the FTSE All-Share index was established in the 1960s, behind only the 3,863 day ride higher...
What could falling population growth mean for the UK economy?
Thursday 05 Jul 2018In the 12 months to June 2018 the UK population hit 66m, up 0.6% year-on-year according to new figures from the Office for National Statistics (ONS). However, this rate of increase was the slowest since 2004 and in London growth almost halved due to a significant decline in the net inward flow of...
Flood of new shares from Allianz Technology to meet demand
Thursday 28 Jun 2018Strong demand has prompted Allianz Technology Trust ( ATT ) to ask shareholders for permission to issue a flood of new shares just weeks after sealing a similar agreement. At its annual general meeting on 25 April the trust was granted approval to issue 2.9m new shares, and within two months more...
Retail woes put a large dent in property investor
Thursday 28 Jun 2018Retail property investor Stewart & Wight ( STE ) has suffered a dramatic 12.1% drop in the value of its estate over the last year. It has blamed falling rental values and, in its own words, ‘little prospect of re-letting at current rental levels’ when leases expire on shops in its portfolio. It...
Is Ocado really the ‘Microsoft of Retail’?
Thursday 28 Jun 2018Stockbroker Peel Hunt has upgraded its price target for Ocado ( OCDO ) from 610p to £17, a stunning increase of 180%, in a hyper-bullish research note on the e-commerce tech platform entitled ‘The Microsoft of Retail’. Ocado has rocketed into the FTSE 100 ranks after inking deals for access to its...
Bookies hoping for World Cup betting bonanza
Thursday 21 Jun 2018Bookmakers will be rubbing their hands in glee during the World Cup with thousands of punters likely to have a flutter on football’s blue ribbon tournament. Analysts at investment bank Berenberg calculate William Hill ( WMH ) earned a staggering 9.8% of its entire digital net sports betting revenue...