It has been a great year so far for DFS Furniture. Its shares have been rising since its IPO was priced in March at 255p a share, 10p above the low end of its indicative 245p-310p price range. DFS is a relatively small player with a market cap of about… Read More
Is AA’s Restructuring On Track?
Road recovery firm AA said this week that it is on track to deliver on expectations — yet market reaction was not great, to put it mildly. AA’s net leverage is worrisome, its interim results on Tuesday showed, but a few other elements also caught our attention. The group is still in restructuring mode,… Read More
Instagram Hits 400 Million Users
“Yes: I am a dreamer. For a dreamer is one who can only find his way by moonlight, and his punishment is that he sees the dawn before the rest of the world.” — Oscar Wilde. Milestone “We are thrilled to announce that the Instagram community has grown to more… Read More
French Connection Falls 7% On Poor Results
Today’s 7% drop in the market valuate of French Connection is hardly surprising. As we argued last week, the fashion retailer may have to have something up its sleeve to please its stakeholders. Results for the six-month period ended 31 July 2015 were released today. Highlights: Pre-tax losses came in at £7.9m (2014:… Read More
Worldpay’s IPO Will Severely Test Market Appetite
Worldpay confirmed today that it intends to raise net proceeds from a public offering of about “£890m, in order to reduce leverage to 3.75x net debt/Ebitda (as of 30 June 2015).” Its forward net leverage is pretty high. Pre-IPO, even assuming £400m of Ebitda for 2015, net debt/Ebitda would stand at 5.75x, on a… Read More
Preliminary SEO Audit: Wincanton Vs Stobart
We looked at the prospects of Wincanton delving into its financials and its online strategy earlier this week. Full details will be released on Monday by theloadstar.co.uk, a news & analysis firm focussed on logistics and supply chain management solutions. Preliminary SEO Audit These are our preliminary SEO findings for wincanton.co.uk and stobartgroup.co.uk: Technical: A stronger technical set-up has been… Read More
Verizon’s Warning Didn’t Come Unexpected. Or Did it?
“While well-positioned for the future, Verizon’s full-year 2016 earnings may plateau at 2015 levels as the company manages near-term impacts,” Verizon Communications said today. The market wasn’t pleased with that, and the shares of the TMT behemoth fell over 3% in the wake of the announcement. Consensus estimates had pencilled a… Read More
Safestyle’s Interim Results Say It All
Safestyle reported today a good set of results for the the six months ended 30 June, which showed that the British group is on track to deliver value to its shareholders. Highlights · Market share grew to 9.5% at 30 June 2015 from 8.5% at end of 2014 · Leads generated… Read More
Safestyle Is On A Roll
It’s not surprising that such a small firm such as Safestyle of the UK, with its £190m market cap, is paying attention to its online strategy. Our preliminary SEO audit signals that some minor changes could back a more effective online set-up, however. Focus Management has done a great job since the… Read More
Political Donations Won’t Save Twitter
Investment guru Warren Buffett once said that wide diversification is only required when investors do not understand what they’re doing. Well, the same could easily apply to Twitter. Political Donations The social network today argued that when people have conversations “about politics, they have them on Twitter.” “It’s what voters… Read More