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Pin to quick picksOcado Share News (OCDO)

Share Price Information for Ocado (OCDO)

London Stock Exchange
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Share Price: 355.60
Bid: 357.00
Ask: 357.50
Change: 5.60 (1.60%)
Spread: 0.50 (0.14%)
Open: 352.00
High: 378.90
Low: 350.70
Prev. Close: 350.00
OCDO Live PriceLast checked at -

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WINNERS & LOSERS SUMMARY: NMC Health Surges On Stake Sale Report

Thu, 22nd Aug 2019 10:30

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.

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FTSE 100 - WINNERS

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NMC Health, up 30%. The UAE-focused private healthcare operator proposed a share buyback after reporting interim profit and revenue growth following a "strong" performance. For the six months ended June, pretax profit widened 18% to USD140.6 million from USD118.7 million the year prior. This was after revenue rose 33% to USD1.24 billion from USD932.0 million the year before. In a separate announcement, NMC announced its intention to seek shareholder approval for a share buyback programme worth up to USD200 million in order to "take advantage of exceptional price volatility" at the firm. Earlier on Thursday, Reuters reported two groups were making competing offers to buy a 40% stake in NMC worth up to USD1.9 billion. "Half-year results show that earnings continue to grow, it is getting better at managing working capital and debt pressures are easing. But perhaps the real reason behind today's share price spike is chatter that two groups including one backed by China's Fosun, are fighting to buy a 40% stake in NMC, potentially at a premium to last night's market price," said AJ Bell's Russ Mould.

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FTSE 100 - LOSERS

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Imperial Brands, down 2.5%, Prudential, down 2.1%, Schroders, down 1.9%. The stocks went ex-dividend meaning new buyers no longer qualify for the latest payout.

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Ocado, down 2.0%. The online grocer said its customer fulfilment centre in south-east London had experienced a small fire outside the building, which has now been extinguished. The grocery delivery firm said a "small fire" in a hopper containing waste packaging outside the building was reported at its operations in Erith. The London Fire Brigade have since put the fire out. Ocado emphasised that no part of the material handling equipment at the site was involved in the fire. In February, the company's customer fulfilment centre in Andover, England, was burned down following a fire caused by an electrical fault which resulted in one of its grocery-carrying robots going up in flames.

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FTSE 250 - WINNERS

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Premier Oil, up 5.5%. The oil and gas company said it swung to profit in the first half of 2019 after delivering double-digit uplift in output. The company said it saw "record" production in the six months to the end of June, totalling 84,100 barrels of oil equivalent a day, up 10% from 76,200 barrels of oil equivalent daily reported a year prior. As a result, Premier's sales revenue jumped to USD871.3 million from USD625.0 million the year before, helping it to swing to profit of USD112.4 million from a loss of USD24.7 million. Looking ahead, Premier maintained its 2019 production guidance of between 75,000 and 80,000 barrels of oil equivalent a day and expenditure of USD12 per barrel of oil equivalent.

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GVC Holdings, up 4.3%. The gambling company said Chief Executive Kenneth Alexander purchased GBP5 million in shares, expressing his confidence in "strong" long-term returns. Alexander acquired 833,334 shares in the FTSE 250-listed gambling company at a price of 588.17 pence each, totalling GBP4.9 million. Following this deal, which was completed on Wednesday, Alexander holds 2.5 million shares in GVC. In addition, four independent directors bought shares on the same day, while Chief Financial Officer Robert Wood acquired stock on Tuesday. Wood purchased 18,000 shares at 578p each, totalling GBP104,040. Jane Anscombe and Pierre Bouchut bought 12,000 and 9,000 shares, respectively, at a price of 588.17p each, worth GBP70,580 and GBP52,935, respectively. Peter Isola and Virginia McDowell, meanwhile, acquired 16,800 and 8,000 shares, respectively, at the same price, totalling GBP98,813 and GBP47,054, respectively.

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FTSE 250 - LOSERS

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John Laing, down 8.5%. The infrastructure company reported a fall in first half profit amid challenges in Europe and Australia. The company said pretax profit for the six months to the end of June declined to GBP35 million from GBP175 million a year earlier due to a sharp fall in operating income to GBP76 million from GBP213 million. Net asset value stood at GBP1.60 billion, or 325 pence per share, as at June 30 versus GBP1.59 billion, or 323p, as at the end of December 2018. Portfolio value at the end of June stood at GBP1.54 billion, up 3.5% on the rebased portfolio value at the end of December 2018.

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OTHER MAIN MARKET AND AIM - WINNERS

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Tekcapital, up 19%. The intellectual property investor posted a substantial profit increase for the first half of its financial year, resulting from a sharp increase in the fair value of its portfolio companies. The group's pretax profit for the six months to May 31 was USD4.4 million, up from only USD105,996 the year before, after a USD4.8 million net increase in the fair value of its portfolio companies pushed revenue up to USD5.4 million from USD1.3 million. Tekcapital has opted to prioritise investment in its current portfolio companies. In 2018, the company said it was looking into investing "in a new portfolio company in the cannabidiol space". While Tekcapital is still interested in this investment, the firm has decided to wait on additional progress from its exiting portfolio companies before moving forward with the deal.

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Ocado, Lidl and M&S are UK's fastest growing grocers, says NIQ

LONDON, May 2 (Reuters) - Online supermarket Ocado , discounter Lidl and upmarket food seller Marks & Spencer were Britain's fastest growing grocers over the last quarter, industry data showed on Thursday.

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29 Apr 2024 17:13

Ocado pay policy opposed by 19% of votes cast at annual meeting

LONDON, April 29 (Reuters) - Some 19% of votes cast at Ocado's annual shareholder meeting on Monday opposed the online grocer and technology group's proposed new pay policy that could see boss Tim Steiner pick up a bonus share award of up to 15 million pounds ($19 million).

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24 Apr 2024 09:02

LONDON BROKER RATINGS: Investec cuts Hipgnosis Songs Fund to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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24 Apr 2024 07:42

LONDON BRIEFING: Lloyds profit takes hit; Jet2 cuts guidance

(Alliance News) - Stocks in London are set to open higher on Wednesday, as the release of some key US data edges closer

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23 Apr 2024 17:12

UK's FTSE 100 hits record peak; Associated British Foods surges

Associated British Foods jumps after forecasting growth

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23 Apr 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 pushes to new high; AB Foods surges

(Alliance News) - The FTSE 100 hit another intraday high on Tuesday, driven by data providing some "fresh optimism" about the UK economy.

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23 Apr 2024 08:57

Shoppers clamber for deals as grocery inflation slows further

(Sharecast News) - UK households collectively saved £1.3bn on supermarket deals over the last four weeks, equating to £46 per household, according to fresh industry data released on Tuesday.

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23 Apr 2024 08:54

LONDON MARKET OPEN: AB Foods profit soars boosting interim dividend

(Alliance News) - Stock prices in London continued to build on Monday's gains early on Tuesday, thanks to sentiment boosted by the prospect of interest rate cuts.

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23 Apr 2024 08:36

TOP NEWS: Grocery inflation eases again in April despite early Easter

(Alliance News) - Grocery price inflation eased further in April, aided by a significant increase in promotional spending, new data showed on Tuesday.

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23 Apr 2024 08:00

British grocery inflation dips to 3.2%, says Kantar

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Grocery inflation down for 14th straight month

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22 Apr 2024 14:54

London close: Stocks jump on weaker sterling, easing geopolitics

(Sharecast News) - London's financial markets closed in the green on Monday, with the top-flight index remaining near record highs by the close.

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22 Apr 2024 14:45

UK shareholder meetings calendar - next 7 days

Tuesday 23 April 
AIQ LtdAGM
NatWest Group PLCAGM
Taylor Wimpey PLCAGM
Wednesday 24 April 
abrdn PLCAGM
abrdn Equity Income Trust PLCAGM
AssetCo PLCAGM
Breedon Group PLCAGM
British American Tobacco PLCAGM
Bunzl PLCAGM
Coro Energy PLCAGM
Croda International PLCAGM
Entain PLCAGM
Greencoat UK Wind PLCAGM
Primary Health Properties PLCAGM
Serco Group PLCAGM
Synectics PLCAGM
Thursday 25 April 
AFC Energy PLCAGM
Admiral Group PLCAGM
Beazley PLCAGM
BP PLCAGM
CLS Holdings PLCAGM
CRH PLCAGM
Dalata Hotel Group PLCAGM
Develop North PLCAGM
Drax Group PLCAGM
Everest Global PLCAGM
Greencoat Renewables PLCAGM
Hammerson PLCAGM
Helios Towers PLCAGM
Hikma Pharmaceuticals PLCAGM
International Biotechnology Trust PLCAGM
London Stock Exchange Group PLCAGM
Manx Financial Group PLCAGM
Mattioli Woods PLCGM re Pollen Street Capital Ltd takeover
Persimmon PLCAGM
Premier Miton Global Renewables Trust PLCAGM
Relx PLCAGM
Schroders PLCAGM
Smithson Investment Trust PLCAGM
Tissue Regenix Group PLCAGM
Weir Group PLCAGM
Friday 26 April 
Bellevue Healthcare Trust PLC AGM
Kingspan Group PLCAGM
Me Group International PLCAGM
Pearson PLCAGM
Senior PLCAGM
Smurfit Kappa Group PLCAGM
Monday 29 April 
Goldstone Resources LtdAGM
Hydrogen Future Industries PLCAGM
JPMorgan Claverhouse Investment Trust PLCAGM
KR1 PLCEGM re buying up to 15% of shares in issue
Ocado Group PLCAGM
Secured Property Developments PLCGM re name change to Mollyroe PLC
Symphony International Holdings LtdAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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22 Apr 2024 11:52

LONDON MARKET MIDDAY: Hipgnosis Songs and Tyman jump on takeover talk

(Alliance News) - Stock prices in London were higher at midday on Monday, as investors eye some key US data as attention turns away from the Middle East for now.

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22 Apr 2024 09:52

Ocado shareholders reportedly pushing for move to NYSE

(Sharecast News) - Ocado shareholders are pushing for a potential shift from its London listing to the New York Stock Exchange, it emerged over the weekend.

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