Sunday 2nd September 2012
A MESSAGE FROM TOM
I see that twitter has delayed its planned IPO . Well there is a surprise. After the debacle of the Facebook (FB) flotation I cannot think that investor appetite for new media stock is exactly enormous. My other reason for showing lack of surprise is that I think that Twitter really does not wish to undergo the sort of metrics scrutiny of its user base that Facebook has suffered.
Click here to view the rest of the article
THAT WAS THE WEEK THAT WAS
Hello Share Folk.
Mr friend Christian Wolmar is broadcasting's best expert on trains. You'll have seen him loads of times on the box. I mention this because Christian's favourite charity, The Railway Children, is featured in the Radio Four appeal this Sunday at 7.55am and 9.26pm
You might want to listen. It's a very deserving cause.
Click here to view the rest of the article
ADVERTISEMENT
FREE SHARE TIP OF THE DAY
A report by Growth Equities & Company Research
TMT Investments has made three exciting investments, totalling $975,000, in the space of a month.
The investments consist of a $325,000 unsecured convertible promissory note in web-based sales customer relationship management ( CRM ) and sales pipeline management software firm Pipedrive, a 3% stake in web-based personal loyalty programs software group UsingMiles for $250,000 and a $400,000 unsecured convertible promissory note in Virool, the world's first viral video Ad network that allows companies to distribute video content through a series of online publishers.
With the group also announcing half-year results – which are typical of an early-stage venture capitalist – we remain of the belief that it has the long-term potential to generate an attractive rate of return for shareholders.
101 WAYS TO SAVE MONEY
By Tom Winnifrith
Every week, ShareCrazy will excerpt a part of Tom Winnfrith's book 101 ways to save money in a recession.
Number 28: Register with www.skype.com to make all your phone calls
Ensure that your friends and family – especially if they live abroad – are also on Skype, then start calling. It is absolutely free with no standing charge. You can also make video calls at no charge. The sound quality is occasionally a little patchy and video quality is even more variable but it is improving all the time. And it's absolutely free. As I write there are 18.7 million people around the world online and on Skype who I could chat to or video conference without it costing me a cent. Unfortunately I appear to know only six of them and I have no real desire to talk to any of them. But on average I make around two personal calls a day on Skype of which one will be abroad so it is probably saving me at least GBP1 a day.
Buy the book now for just GBP6.99 +postage CLICK HERE
THE WEEK AHEAD
Central banks, Morrisons, Genus
Central bank decisions will be in focus next week, particularly in the wake of the central bankers' economic symposium in Jackson Hole.
Indeed, so busy is European Central Bank (ECB) President Mario Draghi preparing for next week's meeting that he has been unable to attend the jolly-up in the Wyoming skiing resort.
"We regard it as very unlikely that the ECB will announce a yield cap or a very detailed strategy for bond buying. After the recent improvement in market sentiment, we thus see the risk of some investors being disappointed, potentially triggering a bit of risk-off," said Luca Cazzulani of UniCredit.
The Bank of England 's meeting offers the remote possibility of some drama. While the bank is odds-on to retain its key lending rate, minutes from the previous meeting of the Monetary Policy Committee indicated that there was some support for topping up the asset purchase (quantitative easing) pot, although the consensus was that the Bank should allow a bit more time to see how the recently introduced Funding for Lending Scheme pans out.
Meanwhile, the Reserve Bank of Australia and the Bank of Canada are also expected to stand pat with their policies.
On the corporate front, supermarket chain Morrisons reports interim figures on Thursday, which broker Jefferies thinks "are likely to bear the scars of weather challenges".
Nevertheless, "self-help and ROCE [return on capital employed] discipline remain powerful attractions (the latter likely to lead to even greater capex [capital expenditure] scrutiny)," the broker suggests.
"We anticipate self-help to have allowed for broadly unchanged underlying EBIT [earnings before interest and tax] margin (or a slight decline including the dilution from petrol sales). Crucially, we still forecast 8% H1 EPS [first half earnings per share] growth as buyback activity starts to reward shareholders," Jefferies added.
"We expect Morrisons to outline good progress in its M-local trials and the preparation of a wider non-food online roll-out. Performance in the new fresh format is also likely to be reassuring in more affluent catchments. Despite this, we expect Morrisons' focus on maintaining industry-leading ROCE to likely result in reducing capital intensity (at this stage we estimate a £1.05bn peak in 2012/13), as the group balances a challenged trading backdrop with new growth opportunities, extending vertical integration and a stepped-up Southern expansion," Jefferies said.
Tuesday has a bit of an agricultural feel to it, with animal genetics company Genus and veterinary healthcare company Dechra Pharmaceuticals set to update the market.
Peel Hunt says emerging markets growth should be offsetting higher feed prices at Genus . It is forecasting a 15% improvement in profits, with strong growth across a number of emerging markets.
The key issue currently is the rise in feed prices, Peel Hunt believes. "This will have a direct impact on Genus's feed costs of around £1m, but it will also affect its customers. Some customers may well struggle in the short term, but generally higher feed prices are good news for Genus as it accelerates the trend to industrialisation of the industry and reinforces the benefits of genetics in improving feed conversion," the broker predicts.
"We expect to hear more about plans in China, particularly with the announcement of the major JV [joint venture] with Besun, which will deliver genetics to 10m slaughter pigs when in full operation," the broker added.
As for Dechra , the market is expecting profit before tax of £31.1m on revenue of £420.2m. Earnings per share are tipped to rise 19% to 37.03p, paving the way for the full-year dividend to be upped to around 12.16p from 10.97p last year.
Monday September 03
INTERIMS
Biome Technologies, Cupid, Pennant International Group, Staffline Group
INTERIM DIVIDEND PAYMENT DATE
St. Modwen Properties
QUARTERLY PAYMENT DATE
JPMorgan Claverhouse Inv Trust
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
PMI Manufacturing (EU) (09:00)
PMI Manufacturing (GER) (08:55)
Q4
Kofax
FINALS
Kofax, Sweett Group
AGMS
Galileo Resources
UK ECONOMIC ANNOUNCEMENTS
PMI Manufacturing (09:30)
FINAL DIVIDEND PAYMENT DATE
BT Group
Tuesday September 04
INTERIMS
Abbey Protection, Hydro International, Johnson Service Group, Lupus Capital, Quindell Portfolio, Stadium Group, Ubisense Group Plc
INTERIM DIVIDEND PAYMENT DATE
Inchcape, Man Group, Rexam
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Construction Spending (US) (15:00)
ISM Prices Paid (US) (15:00)
Producer Price Index (EU) (10:00)
FINALS
Alumasc Group, Craneware, Dechra Pharmaceuticals, Genus, Mcbride, Monitise
AGMS
Ashtead Group, Essar Energy , Greene King, Midas Income & Growth Trust, Polar Capital Technology Trust, Smith (DS), Tricorn Group
UK ECONOMIC ANNOUNCEMENTS
BRC Sales Monitor (00:01)
PMI Construction (09:30)
Wednesday September 05
INTERIMS
Advanced Medical Solutions Group, Concurrent Technologies
INTERIM DIVIDEND PAYMENT DATE
Fenner
INTERIM EX-DIVIDEND DATE
Aggreko, Amlin, Arbuthnot Banking Group, ARM Holdings, AZ Electronic Materials SA (DI), Baronsmead VCT 3, Baronsmead VCT 4, Baronsmead VCT 5, Bilfinger Berger Global Infrastructure Sicav S.A.(DI), Camellia, Cape, Carillion, Churchill China, Cineworld Group, Communisis, Delcam, Elementis, Evraz, FBD Holdings, Glanbia, Grafton Group Units, Greggs, Holders Technology, IMI, International Personal Finance, Jardine Lloyd Thompson Group, John Laing Infrastructure Fund Ltd, JPMorgan American Inv Trust, Jupiter European Opportunities Trust, Kazakhmys, London Capital Group Holdings, Maven Income & Growth 4 VCT, Maven Income & Growth 4 VCT 'S' Shares, Michael Page International, National Express Group, New World Resources A Shares, North Midland Construction, Novae Group, Ocean Wilsons Holdings Ltd., Paddy Power, Phoenix Group Holdings (DI), Portmeirion Group, Regus, Resolution Ltd., Robert Walters, SEGRO, Serco Group, Shaft Sinkers Holdings, Shire Plc, TP70 VCT, TUI Travel, Tullow Oil, UK Select Trust Ltd.
QUARTERLY EX-DIVIDEND DATE
British Assets Trust, Duet Real Estate Finance Ltd, XP Power Ltd. (DI)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Auto Sales (US) (15:00)
MBA Mortgage Applications (US) (12:00)
PMI Composite (EU) (09:00)
PMI Composite (GER) (08:55)
PMI Services (EU) (09:00)
PMI Services (GER) (08:55)
Productivity (US) (13:30)
Retail Sales (EU) (10:00)
GMS
Black Mountain Resources Ltd
FINALS
A&J Mucklow Group, Hargreaves Lansdown
IMSS
Berkeley Group Holdings (The), Sports Direct International
SPECIAL EX-DIVIDEND PAYMENT DATE
Dunedin Enterprise Investment Trust
AGMS
Berkeley Group Holdings (The), Conexion Media Group, Daejan Holdings, Endace Ltd, Gail (India) Ltd GDR (Reg S), Sports Direct International
UK ECONOMIC ANNOUNCEMENTS
BRC Shop Price Index (00:01)
Official Reserves (09:30)
PMI Services (09:30)
FINAL DIVIDEND PAYMENT DATE
Iomart Group, Vedanta Resources
FINAL EX-DIVIDEND DATE
ACM Shipping Group, Betfair Group, BHP Billiton, Diageo, Downing Structured Opportunities VCT 1, Downing Structured Opportunities VCT 1 'B' Shares, Downing Structured Opportunities VCT 1 'D' Shares, Immunodiagnostic Systems Holdings, Mattioli Woods, Mid Wynd International Inv Trust, Swan (John) & Sons
Thursday September 06
INTERIMS
HydroDec Group, Morrison (Wm) Supermarkets, Randall & Quilter Investment Holdings, SQS Software Quality Systems AG, Valiant Petroleum
INTERIM DIVIDEND PAYMENT DATE
Domino's Pizza Group
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Bloomberg Consumer Confidence (US) (14:45)
Continuing Claims (US) (13:30)
Crude Oil Inventories (US) (15:30)
ECB Interest Rate (EU) (12:45)
GDP (1st release) (EU) (10:00)
Initial Jobless Claims (US) (13:30)
ISM Non-Manufacturing (US) (15:00)
ISM Services (US) (15:00)
PMI Construction (GER) (08:55)
GMS
Toumaz Limited
FINALS
CPL Resources, Go-Ahead Group
AGMS
1Spatial, ACM Shipping Group, Carclo, Carpetright, Dart Group, Datatec Ltd. (DI), Dixons Retail , Energy Assets Group, Trakm8 Holdings
UK ECONOMIC ANNOUNCEMENTS
BoE Interest Rate Decision (12:00)
New Car Registrations (09:30)
FINAL DIVIDEND PAYMENT DATE
Synergy Health, Victoria
Friday September 07
INTERIM DIVIDEND PAYMENT DATE
Avon Rubber, BG Group, Blackrock Income And Growth Investment Trust, CSR, Dialight, Foreign and Colonial Inv Trust, Jupiter Fund Management , Porvair, Puma VCT V
QUARTERLY PAYMENT DATE
Barclays, Boeing Co
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Trade (GER) (07:00)
Current Account (GER) (07:00)
Industrial Production (GER) (11:00)
Non-Farm Payrolls (US) (13:30)
Retail Price Index (GER) (07:00)
Unemployment Rate (US) (13:30)
ANNUAL REPORT
MDM Engineering Group Ltd. (DI)
IMSS
SThree
AGMS
BlueStar SecuTech Inc. (DI), Latchways, Oilex Ltd., Small Companies Dividend Trust
UK ECONOMIC ANNOUNCEMENTS
Industrial Production (09:30)
Manufacturing Production (09:00)
Producer Price Index (09:30)
FINAL DIVIDEND PAYMENT DATE
Ashtead Group, Cranswick, iEnergizer Ltd., Prosperity Minerals Holdings Ltd., QinetiQ Group, RPC Group
Link to article.
BOOK OF THE WEEK
By Rodney Hobson
A book review by Luka Lukic of t1ps.com
In this book Rodney Hobson aims to provide a straight forward introduction into the world of portfolio management and best practices to employ when selecting what you want to invest in. Thankfully it doesn't pretend to offer a guaranteed, one size fits all, scheme to become a millionaire, but instead attempts to compel the reader to assess what they wants to get out of their investment and then provides guidance to that end.
The book aims to explain the different behaviours of the various market sectors, and the importance of not only holding a range of shares, but diversifying them throughout the sectors to ensure a proper hedge. It also walks the reader logically through a range of factors than can, and most likely will, affect the share price and gives case studies to demonstrate the impact on real companies.
Click here to view the rest of the article
ALTERNATIVE BET OF THE WEEK
Your local betting shop may be great for the footie, but you must go online for the truly weird bets.
This week: From Paddy Power. Next Facebook CEO.
Singles Only. Applies to the next permanently appointed CEO of Facebook after Mark Zuckerberg. Others on Request.
| | Mark Zuckerberg's first child | 25/1 |
| |
| | |
| | |
| | |
| | | Either Winklevoss Twin | 200/1 |
|
| | |
| | |
| |
No comments:
Post a Comment