magazine archive

magazine archive

Great Ideas Update

Stick with Ocado despite wild share price swings

Thursday 05 Dec 2019

OCADO ( 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 2019

Genus ( 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 2019

Aviva ( 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 2019

JUDGES 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 2019

Fuller 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 2019

Restaurant 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 2019

Smith & 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 2019

IWG ( 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 2019

PETS 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...

Computacenter continues to knock it out of the IT park

Thursday 07 Nov 2019

COMPUTACENTER ( CCC ) £13.67 Gain to date: 13% Original entry point: Buy at £12.10, 2 May 2019 FTSE 250 IT reseller Computacenter ( CCC ) said revenue and profit in the third quarter were ‘well ahead’ year-on-year as it continues to enjoy firm demand from customers across its markets. This strong...