magazine archive

magazine archive

Great Ideas Update

Persimmon still attractive despite shock CEO resignation

Thursday 05 Mar 2020

Persimmon ( PSN ) £29.84 Loss to date: 7.2% Original entry point: Buy at £32.15, 20 February 2020 We remain positive on housebuilder Persimmon ( PSN ) despite the surprise resignation of chief executive David Jenkinson who had only been in the job for just over a year. His predecessor Jeff Fairburn...

Morgan Advanced Materials is holding up well despite China disruption

Thursday 05 Mar 2020

Morgan Advanced Materials ( MGAM ) 285.4p Gain to date: 15.9% Original entry point: Buy at 246.2p, 29 August 2019 With the coronavirus causing ructions across China and elsewhere Morgan Advanced Materials ’ ( MGAM ) shares have held up well. The FTSE 250’s stock is down less than 5% since the panic...

Encouraging first half numbers from Hotel Chocolat

Thursday 27 Feb 2020

HOTEL CHOCOLAT ( HOTC:AIM ) 420p Loss to date: 0.8% Original entry point: Buy at 423.5p, 19 December 2019 Although the share price has proved volatile, we are sticking with our bullish stance on premium chocolatier Hotel Chocolat ( HOTC:AIM ) , one of our ‘10 winning stocks for 2020’ selections. A...

Signs of encouragement in Lloyds’ results

Thursday 27 Feb 2020

Lloyds Banking ( LLOY ) 52.55p Loss to date: 17.8% Original entry point: Buy at 63.93p, 19 December 2019 Our positive call on Lloyds Banking ( LLOY ) is off to a slow start. However, while full year results (21 Feb) didn’t deliver a full endorsement of our view, we do see some signs of...

Do not get into a coronavirus panic with Luceco

Thursday 20 Feb 2020

LUCECO ( LUCE ) 123.8p Gain to date: 6.7% Original entry point: Buy at 116p, 19 December 2019 Investors seem to be taking a shoot first, ask questions later approach to electronics components and LEDs firm Luceco ( LUCE ) and any potential output problems from the shutdown of its factory in Jiaxing...

Ocado shares gain on global expansion plans

Thursday 13 Feb 2020

Ocado ( OCDO ) £12.52 Gain to date: 5.5% Original entry point: Buy at £11.87, 25 July 2019 Shares in online retailer Ocado ( OCDO ) rose this week despite revenue for the year to 1 December just meeting estimates and losses widening further as it continues to invest overseas. Sales in the UK Retail...

Why we still like Tate & Lyle

Thursday 13 Feb 2020

TATE & LYLE ( TATE ) 786.6p Gain to date: 8.2% Original entry point: Buy at 727.2p, 15 August 2019 Our bullish call on cash generative food producer Tate & Lyle ( TATE ) is a respectable 8.2% in the money, yet we are holding on for additional upside. We see Tate & Lyle as well...

Bank the 20% profit on Porvair shares

Thursday 06 Feb 2020

Porvair ( PRV:AIM ) 760p Gain to date: 20.6% Original entry point: Buy at 630p, 26 September 2019 Specialist, high end filters manufacturer Porvair ( PRV:AIM ) reported record revenues on 3 February of £144.9m, up 13% for year ended 30 November 2019, while adjusted pre-tax profit was 9% higher to £...

QinetiQ confirms growth outlook

Thursday 06 Feb 2020

QinetiQ ( QQ. ) 372.4p Gain to date: 9.2% Original entry point: Buy at 341p, 12 December 2019 Shares ’ positive view on QinetiQ ( QQ. ) was based upon its underappreciated transformation into an integrated global defence and security business with sustainable growth prospects. The third quarter...

2020 pick Luceco up nearly 28% in a month

Thursday 30 Jan 2020

LUCECO ( LUCE ) 148p Gain to date: 27.6% Original entry point: Buy at 116p, 19 December 2019 Confirmation that electronics components and LEDs firm Luceco ( LUCE ) has traded ahead of expectations during 2019 is a clear sign of the margin improvement potential we highlighted in our original article...