Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.

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Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

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FTSE 250 movers: Ferrexpo falters, Computacenter climbs

Fri, 26th Apr 2019 14:51

(Sharecast News) - London's FTSE 250 index was down 0.17% at 19,837.02 in afternoon trade on Friday, with Ferrexpo leading the index lower. The iron ore mining company tumbled after saying that Deloitte LLP has resigned as its statutory auditor with immediate effect, while Hastings lost ground after the company posted a 1% drop in its net revenues for the first quarter.Analysts from Shore Capital said: "The majority of the growth has been driven by growth in policy numbers with 2.75m active policies, up 3% from Q1 2018 and 1% higher than at the end of 2018. This implies a small increase in pricing over the quarter which we see as an encouraging start to the year but as yet not sufficient indication of a material turn in the motor pricing cycle."Meanwhile, Kaz Minerals was also lower as JPMorgan analysts cut the stock's price target from 635p to 630p.Computacenter surged as it said it was on track to meet full-year guidance and that revenue and profitability in the first quarter to the end of March 2019 were ahead of the same quarter a year ago.A note from Peel Hunt said: "We are pleasantly surprised by the health of the IT market. We were cautious in our recent sector book, but if these data points continue into Q2, we may have to revisit our caution on the IT spending outlook for the year."Investment platform company AJ Bell climbed as it said its interim results were anticipated to be slightly ahead of expectations as total assets under administration rose 8% to £47.7bn in the second quarter.Finally, bus and rail operator Stagecoach was boosted by an upgrade to 'buy' at Citi, with analysts stating that they saw the company's portfolio as "significantly de-risked" following the sale of its underperforming North American division.Market MoversFTSE 250 (MCX) 19,837.02 -0.17%FTSE 250 - RisersComputacenter (CCC) 1,279.00p 18.65%AJ Bell (AJB) 407.00p 7.96%Stagecoach Group (SGC) 130.40p 7.15%Bank of Georgia Group (BGEO) 1,735.00p 4.39%Clarkson (CKN) 2,535.00p 3.47%UDG Healthcare Public Limited Company (UDG) 643.50p 3.46%Royal Mail (RMG) 254.10p 2.25%Funding Circle Holdings (FCH) 247.33p 1.99%Greencore Group (GNC) 225.80p 1.94%Softcat (SCT) 878.50p 1.91%FTSE 250 - FallersFerrexpo (FXPO) 191.30p -28.86%Hastings Group Holdings (HSTG) 190.70p -12.92%Premier Oil (PMO) 98.74p -5.87%Hunting (HTG) 604.00p -3.82%Galliford Try (GFRD) 507.50p -3.15%Kaz Minerals (KAZ) 651.60p -2.78%Wood Group (John) (WG.) 500.60p -2.61%Weir Group (WEIR) 1,718.50p -2.61%Contour Global (GLO) 206.00p -2.60%Metro Bank (MTRO) 799.50p -2.50%
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8 Dec 2020 10:07

Kaz Minerals On Track For 2020 Output Guidance To Beat Expectations

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8 Dec 2020 09:04

Kaz Minerals lifts full-year copper, gold production guidance

(Sharecast News) - Kaz Minerals lifted its full-year copper and gold production guidance on Tuesday, as it said Nova Resources has changed its £3bn offer for the company to a straight takeover offer.

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2 Dec 2020 09:33

UK BROKER RATINGS SUMMARY: JPMorgan Upgrades Shell To Overweight

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25 Nov 2020 09:28

UK BROKER RATINGS SUMMARY: Jefferies Upgrades Antofagasta And Glencore

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19 Nov 2020 11:03

Kaz Minerals Acquisition Hearing Adjourned Over Kazakhstan Plan

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18 Nov 2020 10:48

Kaz Minerals Says New Russian Plan Raises Risks For Baimskaya Project

Kaz Minerals Says New Russian Plan Raises Risks For Baimskaya Project

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18 Nov 2020 09:11

Kaz Minerals to cover portion of CDP infrastructure costs at Baimskaya

(Sharecast News) - Copper miner Kaz Minerals said on Wednesday that the Ministry for the Development of the Russian Far East and Arctic had submitted a multi-party Complex Development Plan for approval that would see the company's Baimskaya project benefit from new infrastructure.

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11 Nov 2020 19:14

Kaz Minerals Takeover Faces Resistance From Another Investor

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9 Nov 2020 17:07

UPDATE 1-KAZ Minerals' shareholder RWC Partners to vote against buyout offer

(Upadates with company's statement)By Clara DeninaLONDON, Nov 9 (Reuters) - KAZ Minerals' fifth biggest investor says it plans to vote against a 3 billion pound ($3.94 billion) take-private plan orchestrated by the company's chairman, Oleg Novachu...

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9 Nov 2020 16:41

KAZ Minerals' shareholder RWC Partners to vote against buyout offer

By Clara DeninaLONDON, Nov 9 (Reuters) - KAZ Minerals' fifth biggest investor says it plans to vote against a 3 billion pound ($3.94 billion) take-private plan orchestrated by the company's chairman, Oleg Novachuk, because it undervalues it.A cons...

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3 Nov 2020 09:38

UK BROKER RATINGS SUMMARY: Morgan Stanley Raises BP And Shell

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29 Oct 2020 14:58

Liberum raises target price on Kaz Minerals following acquisition offer

(Sharecast News) - Analyst Liberum hiked their target price on Kaz Minerals from 470.0p to 640.0p on Thursday after an all-in cash deal valued the group at £3.0bn.

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