The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksARDN.L Share News (ARDN)

  • There is currently no data for ARDN

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Wednesday tips round-up: Oxford Instruments, UK Coal, ENRC

Wed, 15th Jun 2011 06:31

Analysts have been known to complain mildly about the slow progress of Oxford Instruments in finding promised acquisitions. The maker of high-tech analytical devices announced two yesterday, and the slow pace seems understandable. Such acquisitions are tricky, being more about providing a sympathetic working environment than hard cash, but chief executive Jonathan Flint says they are available. The shares are on a high 17 times' this year's earnings, but that does not seem unreasonable. Certainly, buy on any weakness, says the Times.UK Coal is best seen as a coalminer, supplying about% of the country's output, or enough to provide 7% of its electricity needs, with a huge legacy property portfolio and equally huge debt attached. Only last week the company signed a deal with Taylor Wimpey that could lead to between 3,000 and 4,000 new homes being built on restored colliery land. These are still early days, and profits are several years away, says the Times.Miner ENRC's annual general meeting saw no fewer than four non-executive directors leave the board. Add in the fact that this month will see the expiry of the US quantitative easing programme, and we could be in for a period of underperformance as traders reassess the commodity outlook. If the market ends up taking a negative view of metals and minerals, that is likely to hit the mining sector as whole. But recent issues at ENRC could, we fear, make matters worse for this particular stock. Sell, says the Independent.Arden is becoming the first port of call for Indian businesses looking to raise cash in London that aren't quite big enough for bulge-bracket firms. Arden earlier this year came up with a trading update which had analysts scurrying to up forecasts. It should be borne in mind, that as recently as last year they did the opposite after a profits warning. So earnings, and the shares, will be volatile. What's more, a valuation of 23 times forecast looks fancy enough. A speculative buy, according to the Independent.Hampers now account for less than 5% of Park Group's sales. Instead, the company is concentrating more on pre-paid vouchers that can be redeemed at a range of retailers. The company is stuffed full of cash and can afford to jack up the dividend by 29% to 1.7p, with a final payment of 1.2p. The dividend looks set to rise further and the shares yield a prospective 3.8%.Worth tucking away if you can find them, says the Times.With the performance of the UK commercial property sector linked closely to the performance of the underlying economy, it is no surprise the uncertain outlook is dividing investors' opinions. Is this, however, reflected in the "rating" of the F&C Commercial Property Trust (FCPT) and UK Commercial Property Trust (UKCM) where the share prices are trading at a 12% premium to the underlying net asset value? Does the prospect of a generous dividend yield and a combination of lacklustre net asset value and dividend growth merit paying such a hefty premium? The Scotsman would argue that it does not.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.---RG
More News
28 Apr 2022 15:00

IN BRIEF: Ince Group completes acquisition of Arden Partners

Ince Group PLC - London-based legal and professional services - Completes acquisition of London-based corporate adviser and stock broker Arden Partners PLC, after scheme of arrangement gets court approval. The all-share merger, first announced back in October, at the time valued Arden at GBP10 million, though Ince Group shares have halve in value over the past six months. Arden shareholders received 7 Ince shares for every 12 Arden shares they owned.

Read more
27 Apr 2022 19:12

IN BRIEF: Arden Partners takeover sanctioned by court

Arden Partners PLC - corporate adviser and multi-service stockbroker based in London - Gains Court sanction for takeover by London-based legal services company Ince Group PLC.

Read more
26 Apr 2022 10:42

AIM WINNERS & LOSERS: Origo to delist; Northcoders revenue doubles

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

Read more
25 Apr 2022 14:51

IN BRIEF: First Property Group shares suspended after losing nomad

First Property Group PLC - London-based property fund manager and investor - Shares are suspended from trading on AIM in London on Monday, after Arden Partners PLC resigns as its nominated adviser. Arden lost its ability to act as a nomad due to its acquisition by Ince Group PLC, a deal set to complete by the end of April. First Property must appoint a new nomad within 30 days or its share will be cancelled from AIM.

Read more
21 Apr 2022 16:11

UK shareholder meetings calendar - next 7 days

Friday 22 April 
Bellevue Healthcare Trust PLCAGM
Faron Pharmaceuticals LtdAGM
Murray International Trust PLCAGM
Monday 25 April 
Belluscura PLCAGM
Capital Gearing Trust PLCGM re: non pre-emptive share issue
Cloudbreak Discovery PLCGM re Crescita equity drawdown agreement
Hikma Pharmaceuticals PLCAGM
JPMorgan US Smaller Cos Investment Trust PLCAGM
Polymetal International PLCAGM
Symphony International Holdings LtdAGM
Tuesday 26 April 
Aquis Exchange PLCAGM
Elementis PLCAGM
GlobalData PLCAGM
Oriole Resources PLCAGM
RPS Group PLCAGM
SigmaRoc PLCAGM
Taylor Wimpey PLCAGM
Tissue Regenix Group PLCAGM
Wednesday 27 April 
Drax Group PLCAGM
EP Global Opportunities Trust PLCAGM
Global Invacom Group LtdAGM
Hutchmed (China) LtdAGM
London Stock Exchange Group PLCAGM
McKay Securities PLCGM re Workspace offer
Nichols PLCAGM
Persimmon PLCAGM
Primary Health Properties PLCAGM
VH Global Sustainable Energy Opportunities PLCAGM
Thursday 28 April 
Admiral Group PLCAGM
Aptitude Software Group PLCAGM
AQRU PLCAGM
Arden Parnters PLCAGM
Breedon Group PLCAGM
British American Tobacco PLCAGM
CLS Holdings PLCAGM
CRH PLCAGM
Dalata Hotel Group PLCAGM
Devro PLCAGM
Flutter Entertainment PLCAGM
Glencore PLCAGM
Glenveagh Properties PLCAGM
Grafton Group PLCAGM
Greencoat UK Wind PLCAGM
Hammerson PLCAGM
Helios Towers PLCAGM
HICL Infrastructure PLCAGM
Honye Financial Services LtdAGM
Internatinal Personal Finance PLCAGM
Investec PLCAGM
ITV PLCAGM
Kerry Gold PLCAGM
Kerry Group PLCAGM
Marshalls PLCAGM
Natwest Group PLCAGM
Premier Miton Global Renewables Trust PLCAGM
Robert Walters PLCAGM
Schroders PLCAGM
Serco Group PLCAGM
Synthomer PLCAGM
Weir Group PLCAGM
Yamana Gold IncAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
19 Apr 2022 22:13

TRADING UPDATES: AVI Japan outperforms; Crossword annual revenue grows

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
14 Apr 2022 21:17

IN BRIEF: Arden expects takeover by Ince to occur by end of April

Arden Partners PLC - corporate adviser and multi-service stockbroker based in London - Ask Financial Conduct Authority to extend its approval of the acquisition by London-based legal services company Ince Group PLC. If approved, all required regulatory approvals have been received or waived for acquisition, Arden says. The court hearing to sanction the scheme will be held on April 27, which is expected to be the last day of trading for Arden shares. The admission of new Ince shares will occur on April 29. The long stop date for the transaction is June 30.

Read more
11 Apr 2022 21:31

IN BRIEF: Ince to continue with Arden Partners buy despite nomad blow

Ince Group PLC - London-based legal services company - Waives key condition initially needed to proceed with acquisition of corporate adviser and multi-service stockbroker Arden Partners PLC. Ince waives condition that Arden had to be allowed to remain as company's nominated adviser following buy. However, London Stock Exchange rejected Arden's nomad status.

Read more
7 Apr 2022 19:18

IN BRIEF: Arden in discussion with Ince regarding NOMAD rejection

Arden Partners PLC - corporate adviser and multi-service stockbroker based in London - Enters discussion with Ince Group PLC following the rejection of its Nominated Advisers status application by the London Stock Exchange. Arden says it is discussing the implications of the LSE decision with Ince.

Read more
7 Apr 2022 11:41

AIM WINNERS & LOSERS: Engage XR surges on Meta Platforms unit funding

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

Read more
21 Jan 2022 10:50

IN BRIEF: Ince Group wins FCA approval for Arden Partners acquisition

IN BRIEF: Ince Group wins FCA approval for Arden Partners acquisition

Read more
19 Jan 2022 21:29

TRADING UPDATES: WH Smith faces director pay revolt; Troy lowers fees

TRADING UPDATES: WH Smith faces director pay revolt; Troy lowers fees

Read more
29 Oct 2021 21:36

IN BRIEF: Ince shares suspended amid bid to buy own nomad Arden

IN BRIEF: Ince shares suspended amid bid to buy own nomad Arden

Read more
26 Oct 2021 16:06

Arden Partners surges on all-share offer from Ince Group

(Sharecast News) - Small and mid-cap investment banking advisory firm Arden Partners saw its shares rocket higher on Tuesday afternoon, after an all-share offer for the company was announced by the Ince Group.

Read more
9 Aug 2021 16:22

IN BRIEF: British Honey names Richard Day as chair; restructures board

IN BRIEF: British Honey names Richard Day as chair; restructures board

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.