FKL.L Share News (FKL)

FKL.L Information

There is currently no data for FKL

Friday tips round-up: Royal Bank of Scotland, BG, Galliford Try

Fri, 11th Sep 2009 06:48

Royal Bank of Scotland is in a mess and its chief executive, Stephen Hester, has made no bones about that fact. The shares have recovered strongly recently. Although the economic outlook appears better than it was and RBS should benefit, be wary of backing the lender at these levels until there is a bit more certainty to go alongside Mr Hester's clarity. So sell and consider again if the shares show weakness says the Independent.Galliford Try, which issued its preliminary results and announced plans to raise £126m in a cash call for a land grab yesterday, it has seen its stock up nearly 100% in the past six months. The group is one of the stronger names in a recovering sector. Stick with it and hold says the Independent.Galliford has timed its cash call well. Take up the rights adds the Times.The interesting bit about Falkland Island Holdings is its 15% shareholding in Falklands Oil and Gas (FOGL). Investors may look at the conglomerate instead of a direct investment in FOGL because it has a diversified income stream, an 8p dividend and doesn't rely on a big find. If there is one, however, shares will soar. Although yesterday's gain might have taken out much of the near-term upside, its prospects look good, so buy says the Independent.Bovine genetics specialist Genus reported a 15% rise in adjusted pre-tax profits to £32 million on revenues up 14% to £280m. The longer-term attraction ? its ability to help farmers to boost output amid rising demand for food from population growth and urbanisation ? remains undimmed. At 631p, or 17 times earnings, hold on says the Times.It was almost inevitable that there would be takeover speculation surrounding Gulfsands after its 50-50 partner in Khurbet East in Syria was snapped up by the Chinese. Sinochem is still in the process of finalising the Emerald Energy purchase and there has been talk that Gulfsands would be the next target, although it denied the rumours. Gulfsand shares are trading on a December 2009 earnings multiple of 15.9 times. Buy says the Telegraph.Eventually, the market is going to wake up to the quality of BG Group's assets. After this week's news from Brazil, that moment is drawing closer. The Guara field in the Santos Basin could really be a "megafield". It has recoverable reserves of 1.1bn - 2bn barrels of oil, compared with 500m recoverable from BP's find in the Gulf of Mexico, unveiled last week. The shares are trading on a December 2009 earnings multiple of 15.8 falling to 14 in 2010. The yield, at 1.1pc, has scope for future improvement. A core holding. Buy says the Telegraph.The extension of meat processor Hilton Food's product range and ever wider geographic reach provide scope for further growth. But at 180p, or ten times earnings, the shares are up with events. Hold says the Times.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.

More News

25 Nov 2013 07:59

AIM IN BRIEF: UBC Media Confirms Agreement To Acquire 7digital

4 Oct 2013 11:42

DIRECTOR DEALINGS: Falkland Islands Director's Holding Shares Reduced As His Children Turn 18

24 Sep 2013 12:42

DIRECTOR DEALINGS: Falkland Island Holdings Non-Executive Director Buys shares

20 Aug 2013 08:26

Tuesday broker round-up UPDATE

AMEC: Liberum Capital cuts target price from 1135p to 1120p and reiterates a hold recommendation. BAE Systems: Investec increases target price from 370p to 450p upgrading from hold to add. Bovis Homes Group: Deutsche Bank shifts target price from 900p to 901p and keeps a buy recommendation. Citi r

10 Jun 2013 10:35

Ice Age Art helps drive revenue rise at Falkland Islands

Group revenue rose 4.4 per cent to 35.6m pounds at AIM-listed international services group Falkland Islands in the year ended March 31st, underpinned in part by strong activity in the group's art-focussed business division. In its final results for the year, the group - which owns essential service

17 Apr 2013 10:32

STOCKS NEWS EUROPE-UK small caps off 0.2 pct at mid-session

UK small caps fall 0.2 percent, faring slightly better than their mid-cap and blue-chip counterparts, both off 0.5 percent. Shares in JD Sport Fashion fall 4.3 percent as the British retailer post a 20 percent fall in full-year profit, hit by operating losses from its Blacks Leisure acquis

17 Apr 2013 10:23

Falkland Islands Holdings to report fall in annual profits

Falkland Islands Holdings, a British conglomerate which owns logistics, warehouses and retail outlets on the islands, expects to report a fall in annual profits. The company anticipates pre-tax profit of £3.0m for the year to March 31st 2013, compared to £3.2m a year earlier. The group said tradin

17 Apr 2013 07:20

Wednesday broker round-up UPDATE

African Barrick Gold: Deutsche Bank cuts target price from 230p to 173p, while its hold recommendation is reiterated. Ashmore Group: Morgan Stanley raises target price from 395p to 444p and maintains an equal-weight rating. Ashtead Group: Jefferies increases target price from 615p to 690o and reit

10 Dec 2012 16:25

Chamberlin Chairman invests 75k

Castings and engineering group Chamberlin announced on Monday that its Chairman has topped up his stake in the company twice over the couple of weeks. Keith Butler-Wheelhouse acquired a total of 44,500 Chamberlin ordinary shares through his family trust, BW Family Limited (BWFL), representing 0.56%

6 Dec 2012 14:07

Falkland Islands Holdings rises on oil hopes

Falkland Islands Holdings has risen despite producing uninspiring interims, with both revenues and profits virtually flat year-on-year. For the six months ended September 30th revenues were virtually unchanged at £16.5m, with pre-tax profits marginally up at £1.08m (2011: £0.99m). Divisionally, F

6 Jul 2012 15:59

ReThink Group CFO buys 1.4m shares

Steve Wright, the Chief Financial Officer of ReThink Group, has purchased more than 1.4m shares in the recruitment and technology services firm. Wright purchased the shares at 7.00p each and for a total of £100,000. The company's share price has fallen over 25% in the last year, equal to 2.62p.

14 Jun 2012 13:13

Falkland Islands Holdings raises funds

Falkland Islands Holdings, the AIM quoted international services group, has raised eight million pounds following a subscription for shares by Blackfish Capital, an investment fund. In addition, the company is making an open offer under which the company's existing shareholder can buy one open offe

6 Jun 2012 12:56

Profits rise at Falkland Islands but growth expected to slow

Falkland Islands, an international services group, offset news of a rise in both revenue and profits with warnings of a slowdown in growth. Underlying pre-tax profits for the year rose 18.7% from £2.73m to £3.24m, slightly higher than expectations of £3.0m, despite higher financing costs this tim

4 Apr 2012 08:50

Falkland Islands Holdings on a high

Shares in Falkland Islands Holdings were up on Wednesday after the firm said trading for the year was ahead of market expectations. The AIM-traded group which, amongst other things, operates a ferry service across the mouth of Portsmouth harbour, expects its total dividend payment to be at least 10

13 Jan 2012 10:04

Falkland Oil slides after discounted placing

Falkland Oil and Gas (FOGL), one of the firms hoping to discover substantial oil resources around the Falkland Islands, saw its share price sink after placing shares at a steep discount. The company has raised £48.5m through the placing of 112.8m shares at 43p per share, more than 7p below the mid-

Latest Share Chat

FKL.L Share News (FKL)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Friday tips round-up: Royal Bank of Scotland, BG, Galliford Try

Login to your account

Quickpicks are a member only feature

Login to your account