Disclosure: at the time of publication I have a position in Next Plc (LSE: NXT) - to view the full Shares and Stock Markets portfolio click here First half sales came in at -1.2% as compared with the previous six months and management have predicted sales to be similar for the second half of the year. Pre-tax profits are expected to be between £680 million and £740 … [Read more...] about Next Sales Down But Not Out
Apparently Love Island is a very popular TV show run by FTSE 100 stock ITV (LSE: ITV). I wouldn't know since I do not have a TV. But even though the series has broken viewing records recently it was not enough to prevent revenues, pre-tax profits and earnings from declining for the first half of the year. More worryingly the net pension deficit rose from £64 million to … [Read more...] about Love Island Not Loving Enough For ITV’s Revenue, Profits and Earnings
Basic and diluted earnings per share are negative for Tullow Oil (LSE: TLW) the beleaguered FTSE 250 oil and gas exploration and production group. A pre-tax loss of $500 million certainly doesn't help. A $750 million rights issue in April 2017 reduced net debt by about $1 billion give or take but the balance sheet still looks weak with total liabilities at $7 billion and … [Read more...] about Tullow Oil Spews Cash, Pre-Tax Loss of $500 Million
Shares in Cranswick (LSE: CWK) ate up 3.55% at the time of writing when the FTSE 100 has been drifting lower on the back of a very upbeat Q1 trading statement. Sadly Cranswick (LSE: CWK) is not part of the Shares and Stock Markets Portfolio or my SIPP - a real shame since it has produced some substantial returns. The tremendous run of the share price since the financial … [Read more...] about FTSE 250 Stock Cranswick (LSE:CWK) Shows How Mid Caps Can Produce Substantial Returns
This week IG Group (LSE: IGG) released results for the year ended 31 May 2017: Net trading revenue up 8% at GBP491.1 million Operating expenses up 14%, reflecting continued investment in effective marketing Profit before tax up 3% to GBP213.7 million; profit before tax margin 43.5% (FY16: 45.6%) Diluted EPS up 3% at 45.9 pence Final dividend of 22.88 pence per … [Read more...] about 19% Increase In The Value Of IG Group Stock In 6 Months
Choosing which stocks to buy is never an easy task especially when you have your own hard-earned after tax pounds, sterling and pence on the line - it is must easier to fritter away other people's money. Today's post takes a look at one of my own investments for The Thomas Value Report and specifically how I use a specific price alert (a large decline in a stock's price) to … [Read more...] about How To Choose Which Stocks To Buy
I'll cut straight to the chase. On 6th December 2016 this headline flashed across my screen: Crackdown on financial spread betting proposed by FCA In a nutshell the Financial Conduct Authority had announced that silly little retail investors were using a product called CFD's without knowing what they were doing. The FCA proposed to limit the risks that investors … [Read more...] about Here’s How I’ve Gained 8.79% In Three Months
It's so lovely to see the continuing carnage at Ford (NYSE: F) this week - I really am pleased. The appointment of a new CEO at the Detroit based automaker was brought about by a realisation by the board that outgoing CEO Mark Fields was not going to turn around Ford's fortunes. The markets seemed to have liked the appointment raising the share price by more than two … [Read more...] about The beauty of the carnage at The Ford Motor Company
The Ford Motor Company (NYSE: F) is a large cap US stock that appears on my stock market investing watch list and has for some time. The 113 year old Detroit automaker's recent woes have been well documented and can be traced to their bail out by the US government in 2009 to the tune of $5.9 billion which was to be paid off by June 15 2022. Except it was not a … [Read more...] about The Ford Motor Company, Donald Trump And Large-Cap Stock Market Investing
I covered BT recently where we took a brief look at it's accounting scandal in one of it's Italian businesses and decided that it did not have a sufficient margin of safety to buy stock. At the same time BT (LSE: BT.A) reported a 51% decline in third quarter in net profits as a result of the Italian business write-down. Compounding the issue BT warned revenue for the … [Read more...] about Is There A Clear And Present Margin Of Safety In BT Stock?
In a series of posts that sprang from Warren Buffett's latest 13F filing I have responded to two questions on social media regarding the improved fortunes of Southwest Airlines (NYSE: LUV): @djthomas would be interesting to post your GM% improvement for LUV against oil prices to see how much correlation there is. Bet it's a lot. — Peter Harris (@2peterharris) March 20, … [Read more...] about Southwest Airlines (NYSE: LUV) Gross Margin % v Oil Price: Is There A Correlation?