focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksQFI.L Share News (QFI)

  • There is currently no data for QFI

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sunday tips round-up: Serco, Balfour Beatty, N Brown

Sun, 06th Jul 2014 17:41

Serco is becoming a classic falling knife share, Questor said in The Sunday Telegraph. Its loss of the contract to run London's Docklands Light Railway caps a grim 12 months for the outsourcing group. The problem for Rupert Soames, the new Chief Executive, is that Serco is in danger of being locked into loss-making contracts for years as costs increase. The closer management looks into the company, the more problems it finds. Yet the shares are still not cheap despite downgrades. Steer well clear. If you like a risk and think Balfour Beatty shares have hit bottom, now is the time to buy, Danny Fortson wrote in The Sunday Times. Shares in the construction company have fallen by a third since March as it has published two public warnings since its annual results. The latest came on July 3rd when Balfour revealed problems at its engineering services arm. Most of its troublesome over-budget contracts run out soon and it is a big, diversified company. Things could get worse but the company is also vulnerable to a takeover with rumours of private equity interest. If investors are feeling lucky they may want to have a go, Fortson said. Shares of N Brown have fallen almost 30% this year and now offer good value, Midas said in The Mail on Sunday. Chief Executive Angela Spindler has been in post for a year and has cut the outsize clothing retailer's number of brands to three. She is also opening more stores because even if shoppers like to buy online they often want to try them in a shop first. Within a few years almost all her target customers will be within a 45-minute drive. She has accelerated N Brown's move into the US as part of a general injection of life. The Sunday Times's Danny Fortson thinks a rise in Hays' dividend is in the offing. The recruiter's annual profit is expected to be about £141m, around the level when it said it would increase the dividend. It would probably be a small rise and not all that soon but it's better than nothing, Fortson said in his Inside the City column. Quadrise Fuels' shares have jumped from 10p in October 2012 when Midas tipped them to 35.25p but The Mail on Sunday tipster thinks there is more to come. Its low-cost, greener fuel for the shipping and power industries could be revolutionary. Last week it revealed that tests with the world's biggest shipping firm, Maersk, had gone well. Those who bought the shares should sell a quarter of them to bank some profits and adventurous newcomers should take a punt.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.SF
More News
22 Oct 2014 14:26

Quadrise Issues Shares To Director After Roe Projects Acquisition (ALLISS)

Read more
20 Oct 2014 16:37

Quadrise Fuels International widens full year losses

Emulsion fuel manufacturer Quadrise Fuels International saw its full year losses widen after failing to generate revenues. Losses before tax broadened to £6m in the year ended 30 June from £5m last year. The company said it expects to generate commercial revenues in 2015. Loss per share also increa

Read more
20 Oct 2014 08:38

Quadrise Fuels International's Annual Loss Widens

Read more
10 Oct 2014 13:43

Quadrise Fuels Appoints Jason Miles As Chief Operating Officer

Read more
3 Jul 2014 16:37

Quadrise Fuels International makes progress with low-cost fuel

Oil services group Quadrise Fuels International has taken a step forward in getting its budget fuel oil product to market. Quadrise said shipping company Mærsk, which has been trialling its MSAR fuel for marine use, had told it the fuel had met "proof of concept" requirements. The group plans to s

Read more
3 Jul 2014 11:07

UK MIDDAY BRIEFING: Balfour Beatty Slumps On Profit Shortfall

Read more
3 Jul 2014 10:26

UK WINNERS & LOSERS: Balfour Beatty Leads FTSE 350 Fallers

Read more
3 Jul 2014 08:59

Quadrise Fuels Up After Moving Bunker Fuel Product To Commercial Phase

Read more
8 Apr 2014 15:55

Enquest CEO family trust adds to already sizeable stake

Amjad Bseisu, the Chief Executive Officer of oil and gas producer Enquest, has bought company shares via Double A, the trust in which his family is interested. Double A purchased 95,313 shares, taking its holding to 70.89m, equal to 8.83% of the company's share capital. At 121.40p each, the tran

Read more
2 Apr 2014 13:41

DIRECTOR DEALINGS: Quadrise Fuels Non-Executive Exercises Options, Sells Shares

LONDON (Alliance News) - Quadrise Fuels International PLC Wednesday said non-executive Director Laurie Mutch exercised 400,000 options at an exercise price of 20 pence per share and sold the shares at 32 pence per share, and now has no interest in the company. Shares in the oil company were

Read more
25 Mar 2014 16:13

Triple share purchase by Cairn Energy directors

Cairn Energy was a strong performer on Tuesday after the group announced three of its directors had made share purchases. Simon Thomson, the group's Chief Executive, and Dr Mike Watts, Thomson's Deputy, each purchased 65,965 shares at 150.40p for a total of £99,211.36. Managing Director and Chie

Read more
25 Mar 2014 11:51

DIRECTOR DEALINGS: Quadrise Fuels Non-Executive Sells 150,000 Shares

LONDON (Alliance News) - Quadrise Fuels International PLC Tuesday said Non-Executive Director Michael Ian Duckels sold 150,000 shares at a price of GBP0.35168 per share Monday. Following this transaction, Duckels holds 3.8 million shares, which represents 0.47% stake in the firm. Shar

Read more
24 Mar 2014 09:55

Quadrise Fuels Loss Narrows

LONDON (Alliance News) - Quadrise Fuels International PLC Monday reported a narrowed loss for the first half of its financial year after the year-earlier period was hit by a writedown on the company's Canadian assets. The developer of fuel oil alternatives for the shipping, refining and pow

Read more
6 Mar 2014 14:08

CORRECT: UK MIDDAY BRIEFING: BoE, ECB Hold; Ukraine Clouds EU Politics

(An item published at 1234 GMT misstated the ECB interest rate. The correct version follows.) LONDON (Alliance News) - The Bank of England and European Central Bank have again kept their monetary policies and interest rates unchanged, just as events to the east continue to threaten the i

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.