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Sunday share tips: ReNeuron, Clipper Logistics, RM Secured Direct Lending

Sun, 04th Dec 2016 14:45

(ShareCast News) - Shares of ReNeuron are for brave investors only, said the Sunday Times' Inside the City column. The stem cell pioneer is scheduled to publish the results of second-phase clinical trials of its potential stroke paralysis treatment alongside its interim results on Monday. ReNeuron's therapy for stroke disability involves injecting CTX neural stem cells generated using the company's proprietary technologies into the patient's brain.If the 21-patient pilot study, the world's first fully regulated clinical trial of a neural stem cell therapy for disabled stroke patients, is a success then the company would progress to a final-stage trial in more patients and then look to turn it into a commercial product. After a fundraising in 2015, the company has £65.7m in the bank, which should provide for around two years' worth of future drug development. Fingers crossed, said the column, for ReNeuron as the rest of the pipeline is a lot less advanced than the CTX stroke disability candidate.Clipper Logistics shares are worth holding, according to Questor in the Sunday Telegraph. Retail logistics is Clipper's bread and butter, with the rise and rise of internet shopping being a big boon, especially the need to remotely return items. Clipper says its Boomerang returns service is the best as it ensures goods are returned in a state where they are ready for resale, which saves retailers time. Marks & Spencer is a customer, while Clipper's 10-year contract with John Lewis includes operating its national returns centre.This contract with John Lewis also includes click-and-collect services, where items are bought online and picked up in store. This service is also being opened up to other clients and is expected to be a growth driver, along with expansion in Europe sometimes on the back of contracts with existing UK clients. Sales have grown on average by a compound rate of around 31% in the last decade and a half, while profit margins have remained little altered - and are expected to be slightly boosted by the move into click and collect. First-half results last week indicated trading continues to be positive, with significant increases in activity in all sectors.Income hunters looking for a long-term investment might buy RM Secured Direct Lending, said Midas in the Mail on Sunday, which is being floated by parent RM Capital in London with a planned 4% dividend next year rising to 6.5% from 2018, paid quarterly. The business gives £2-£10m loans to SMEs and mid-sized outfits that have visible cash flows and are typically from non-cyclical industries, offering asset-backed lending secured against assets such as real estate or plant and machinery and/or income streams such as account receivables.The fund is tapping into a market that has seen smaller firms struggled to borrow from high street banks if their financial needs are relatively complex. As a result, RM generally lends at rates of 8-12% due to their more complex nature and higher risk of small companies, which is how the fund can pay such a chunky dividend. Risk is spread across sectors and via the secured nurture of the loans.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 and 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.
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25 May 2022 08:28

LONDON BRIEFING: M&S warns on cost hit to profit but is well placed

(Alliance News) - Marks & Spencer on Wednesday reported a swing to profit for the year ended April 2, but the clothing, homewares and food retailer cautioned on profit in the year ahead, amid the war in Ukraine and investment plans.

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24 May 2022 14:51

GXO completes Clipper Logistics acquisition following court approval

(Alliance News) - Clipper Logistics PLC on Tuesday said the acquisition by GXO Logistics Inc is complete, following the sanction of the scheme by the High Court of Justice in England & Wales on Friday.

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20 May 2022 14:13

IN BRIEF: Clipper Logistics applies to delist as scheme is sanctioned

Clipper Logistics PLC - Leeds, England-based e-fulfilment services provider - Says the High Court of Justice in England & Wales sanctioned the scheme for its takeover by Clipper by GXO Logistics Inc, leading to the cash and share offer from GXO being implemented. Says the scheme will become effective but remains conditional on the delivery of the court order to the Registrar of Companies. Expects this to take place on Tuesday next week.

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18 May 2022 13:02

IN BRIEF: GXO waives UK approval condition for Clipper Logistics deal

Clipper Logistics PLC - Leeds, England-based e-fulfilment services provider - GXO Logistics Inc waives clearance by the UK Competition & Markets Authority as a condition for its takeover offer for Clipper to complete. GXO notes that the CMA has issued an initial enforcement order to ensure that Clipper continues to be run independently from GXO until the watchdog's review of the acquisition has been completed.

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12 May 2022 10:09

IN BRIEF: GXO gets clearance from Polish watchdog for Clipper takeover

GXO Logistics Inc - Connecticut, US-based warehousing and distribution firm - Says the president of the Polish Office of Competition & Consumer Protection decided to approve the acquisition of Clipper Logistics PLC on terms "reasonably satisfactory" to GXO. Adds that the approval is unconditional. Notes that the completion of the acquisition remains dependent on the remaining conditions set out in the scheme document.

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8 Apr 2022 21:08

DIRECTOR DEALINGS: Taseko Mines director buys shares worth USD293,000

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

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2 Mar 2022 18:18

TOP NEWS: Evraz and Polymetal exit FTSE 100 amid Russia fallout

(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, March 21 after completing its quarterly review.

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28 Feb 2022 21:19

IN BRIEF: Clipper Logistics agrees GBP965 million GXO Logistics offer

Clipper Logistics PLC - Leeds, England-based e-fulfilment services provider - Agrees to takeover by Connecticut, US-based warehousing and distribution firm GXO Logistics Inc for GBP965 million in cash and shares.

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28 Feb 2022 08:50

Clipper board agrees cash-and-share offer from GXO Logistics

(Sharecast News) - Clipper Logistics announced on Monday that it had agreed a recommended cash offer from GXO Logistics, with shareholders set to receive 690p and 0.0359 new GXO shares for each Clipper share.

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22 Feb 2022 19:07

easyJet could return to FTSE 100 next month, Dechra may be bumped

(Alliance News) - FTSE Russell late Tuesday indicated that, ahead of next week's quarterly UK index review, airline easyJet PLC could once again fly into the FTSE 100 index, with veterinary products company Dechra Pharmaceuticals PLC bumped out in the process.

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21 Feb 2022 17:02

LONDON MARKET CLOSE: Risk-off trade as Russia-Ukraine concerns persist

(Alliance News) - Worries over Ukraine dominated once more at the start of the week, with the FTSE 100's morning gains giving way to risk-off trade in the afternoon on doubts over a summit between Russia and the US.

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21 Feb 2022 12:23

CORRECT: SMALL-CAP WINNERS & LOSERS: Clipper set for takeover

(Correcting that BATM Advanced Communications shares did not hit 12-month high on Monday and are 60% off the 12 month high.)

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21 Feb 2022 12:14

LONDON MARKET MIDDAY: Stocks down as Russia pours cold water on summit

(Alliance News) - Stock prices in London turned lower at midday on Monday after conflicting statements about plans for a US-Russia summit to discuss Ukraine, dousing an earlier wave of optimism.

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21 Feb 2022 11:18

Clipper Logistics agrees to GBP940 million takeover by US peer GXO

(Alliance News) - Clipper Logistics on Monday said it has agreed to be acquired by Connecticut, US-based warehousing and distribution company GXO Logistics Inc for GBP941 million in cash and shares.

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21 Feb 2022 10:56

SMALL-CAP WINNERS & LOSERS: Clipper, John Menzies set for takeovers

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

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