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Apologies for board hopping but- The petition is going quite well; ~5150 signatures so far. Although it really needs a turbo boost. https://petition.parliament.uk/petitions/112044/sponsors/frRbCOsOLO6QqIN82UOX This petition was stalled in parliament since 12th Aug 15; finally green lit on 12th feb 2016. The FCA don't even reply on the matter, now is your chance to have your say. If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog. My local MP supported this petition by writing to the petitions committee to help un-stall it. There’s 650 MP’s in Westminster, So have you written to your MP? 649 to go! If this petition doesn’t reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond. We are currently getting approx. 100 new signatures a week, but need 3x that amount to reach the target with only 15 weeks to go. So – If you haven’t yet signed or indeed have but haven’t passed it on to others, then now’s the time to do so. If each person who has signed can get just one other person to sign then we will double the total immediately. I have posted to all aim listed gas n oilies, currently doing the footsy 100. But I can only do so much to push this. Really need you guys & gals to help. Thanks to all who have signed so far.
Hold Reed Elsevier: Relx has managed to secure a strong position in the digital age that leaves revenue and profits looking far more secure, and the shares a better long-term bet for investors. The Anglo-Dutch group, formerly known as FTSE 100-listed media group Reed Elsevier, collects information used by professionals such as lawyers and accountants. RELX has a small army of specialists collecting data and then building a database that can easily be searched. The other opportunity for growth at RELX is in the field of science, where getting your findings published first can be the difference between success and failure. The business model has good dynamics. RELX is forecast to generate £1.7 billion in pretax profits, from £6.1 billion of revenue in the year to the end of December. The profit margin of about 30% should be defendable as it is difficult for competitors to copy the army of researchers who have the technical knowledge required. The accounting and law industries are exposed to economic downturns, when layoffs will reduce subscription revenue. However, the shares, trading on 18 times forecast earnings, falling to 17 times next year, don’t look overly expensive. Questor says “Hold.”
Positive Points: Trading for the full year remains in line with expectations. The results materialised at the higher end of analyst expectations. A focus on improving operational efficiency remains ongoing. A concentration on pushing new products into adjacent markets and geographies continues to be pursued. 15 new exhibitions launched the majority in high growth markets. The group's business portfolio remains under review, with both disposals and bolt-on acquisitions being made. The buyout of a leading Brazilian exhibitions joint venture was recently completed. Disposals of Totaljobs, MarketCast, and other small publishing and services assets were completed. A progressive dividend policy is being pursued. A 6% increase to the half year dividend was announced.
Negative Points: Reed Elsevier's client base is primarily businesses, many of whom continue to cut or restrain costs. Competition within the sector remains intense. The group would be exposed to any potential political change on funding of research papers or academic publishing.
Financial Highlights: Underlying revenue grew by 5%. Underlying adjusted operating profit increased by 7%. Adjusted Earnings Per Share increased by 11% to 24.7p for Reed Elsevier. Interim dividend increased by 6% to 6.00p. Group net debt of £3.3 billion; 2.3 times adjusted 12 month trailing EBITDA (pensions and lease adjusted).
Half year results: The results broadly reassured investors, coming in at the higher end of analyst expectations. Underlying revenue and operating profit growth was achieved across all five business areas, with growth driven by usage volume, new product development and expansion in high growth markets. Investment in its digital platforms remained ongoing, allowing the development and launching new online products and services. In addition, Reed is disposing of businesses that no longer fit management's strategy at an accelerated pace. Business disposals will reduce earnings, although sale proceeds will be used to buy back shares. In all despite concerns for the economic outlook, the group's transformation moving online is seen as positive, with analyst opinion currently denoting a buy.
Reed Elsevier is a leading provider of professional information solutions in the Science, Medical, Risk, Legal and Business sectors. The group came into existence in January 1993. The company is currently divided into five divisions: 1) Elsevier 2) LexisNexis Risk Solutions 3) LexisNexis Legal & Professional 4) Reed Exhibitions 5) Reed Business Information. Reed Elsevier Group plc is owned equally by two parent companies, Reed Elsevier PLC and Reed Elsevier NV. Their shares are traded on the London, Amsterdam and New York Stock Exchanges.