Member Info for MaryBr190

PFC? now that would be super.

Another up day ..... seems to be a trend forming.

Https://i.ytimg.com/vi/5CblKE4eZkg/hqdefault.jpg

Missing an opportunity to put bones on an update. Hardly reassuring. Still will add on weakness.

boohoo group plc

("boohoo" or "the Group")

Trading Update & Directorate Change

Trading Update

boohoo (AIM: BOO), a leading online fashion group, confirms that trading remains in line with market expectations, and that it will report final results for the year ended 28 February 2024 in May.

Heading sub £1 perhaps but will buy around there.

Strong Christmas trading has driven LFL sales growth in the year to date of +8.1%

Marston's PLC issues the following update for the 16-week period to 20 January 2024 ahead of the Annual General Meeting to be held at 10am today.

All sales comparisons are compared to the same period in FY2023.

Total retail sales in the Group's managed and franchised pubs for the 16-week period were +8.8% on last year. Both drink sales and food sales have been strong, demonstrating the resilience and appeal of our predominantly suburban pubs.

Like-for-like sales for the 16-week period to 20 January 2024 were +8.1%, reflecting strong trading over the festive period. Like-for-like sales in the first nine weeks of the 16-week period to 2 December 2023 were +7.4% as previously reported, with positive trading momentum continuing into the festive period. In the following seven weeks, like-for-like sales were +8.4%.

For the key festive days (Christmas Eve, Christmas Day, Boxing Day, New Year's Eve), like-for-like sales were up +9.6%.

Justin Platt, CEO of Marston's, commented:

"I am pleased to report a strong trading performance with like-for-likes up 8.4% over the festive period. It has been an encouraging start to the year. This, together with an improving outlook in which inflationary headwinds are broadly abating, and the actions we are taking to operate more efficiently and rebuild margins, position Marston's well for the year ahead."

"I am delighted to have joined Marston's and am excited about the opportunity ahead. This is a great business and, whilst still early days, I've been impressed by the dedication, talent and expertise of the team. I look forward to getting to know both the team, and the business, better over the weeks and months ahead and working together to build on the trading momentum to maximise the Group's future potential."

Still ... only a paper loss.

1st one this year, who is organising it?

DBNO

interesting link - it shows 27m when it opens and then refreshes at 9m - strange but true.

A few extracts - link below

Mr Gilmartin was bullish on this point, saying new contract wins will drive positive cash flow in 2024 and "significant" positive cash flow the following year.

https://www.heraldscotland.com/news/24046906.wood-hints-shareholder-returns-group-seeks-rebuild-trust/?ref=rss

Wood chief executive Ken Gilmartin has said the group continues to "update a refresh" its capital allocation policy with a view to rewarding shareholders as the Scottish energy services giant makes strides with its strategic overhaul plans.

Speaking after the Aberdeen-headquartered group said annual earnings would come in slightly ahead of expectations, Mr Gilmartin declared "the big ship Wood is on a significant turnaround". While unwilling to be drawn on exactly when cash might be headed shareholders' way, he emphasised that Wood is committed to maintaining growth momentum and "rebuilding trust with investors".

We’re excited about the momentum we are building," Mr Gilmartin said. "The big ship Wood is on a significant turnaround, we’ve delivered on the promises that we’ve made for the past four quarters and closed out the year really solid, and we’re in a really good position for continued growth.”

Wood was the subject of five takeover approaches from Apollo before the US private equity group abandoned its solicitations in May of last year. Its final offer had valued the business at £1.7bn, or 240p per share.

Shares in the FTSE 250 group, which employs about 36,000 people globally including 3,000 in Aberdeen, closed yesterday's trading nearly 3% higher at 156.9p.

Analyst Alex Smith of Investec said Wood delivered a "strong" set of results for 2023 and is winning significant contracts in its key growth markets. He is forecasting revenues of $6.4bn for the coming year with earnings up at nearly $453m.

Https://uk.investing.com/equities/john-wood-group

check the 1 day chart and put in 1 minute interval !

Prelude to a bid later - IMHO

Lol I was quickly trying to add ! Darn.

Were they picking up the stop losses?

Wg. down 50p and 30% according to Investing. com

About £4 should do it

22 Jan 2024 27.00 30.20 26.50 29.16 29.16 >>>>>>>>>>>>>>>>>>>>>>>>>>> 33,644,653

Welcome

dividends will be good to see especially in an ISA

Cheap

UK is so undervalued and neglected when you compare the moves stateside. Hope to see this back at £3 at some point. Fingers in many pies.

Elsewhere, RBC Capital Markets said it sees further upside at CMC Markets despite a near-50% jump in the stock over the past two months following a positive trading update from the online trading company.

The share price hit a yearly low of 86.9p in late November, after the company reported it swung to a loss before tax of £2m in its first half ended 30 September, while net operating income slumped 20% to £122.6m.

However, in a trading update two weeks ago, CMC said improved market conditions means it is now targeting a full-year net operating income of £290-310m, up from previous guidance of £250-280m.

The broker lifted its target price for the shares from 140p to p150p, keeping an 'outperform' rating, after lifting its earnings per share estimates for the current year by a whopping 219% to 7.85p. RBC is now forecasting a full-year pre-tax profit of £30.1m, up from an earlier forecast of £10.4m.

RBC kept its estimates for the next two years relatively unchanged and it noted "upside risk in the event of bouts of higher volatility, with elections in 2024 in the US and UK providing potential opportunities".

"Whilst outer year forecasts are unchanged our confidence in profit progression is also increased, given conservative growth forecasts, and as we await further details about potential cost efficiencies from FY25 onwards," RBC said.

"CMC shares have made a strong start to 2024 YTD (up 27% in total shareholder return terms), but the current valuation still screens as relatively undemanding when surplus capital is factored in."

Time period:22 Jan 2023 - 22 Jan 2024Show:Historical pricesFrequency:DailyApply

Currency in GBpDownload

Date Open High Low Close* Adj. close** Volume

22 Jan 2024 27.00 30.20 26.50 29.16 29.16 33,644,653

19 Jan 2024 25.50 27.20 25.25 26.80 26.80 5,115,763

18 Jan 2024 24.36 26.84 24.36 25.10 25.10 6,767,515

17 Jan 2024 25.04 25.60 23.75 25.12 25.12 4,289,653

16 Jan 2024 24.00 26.60 23.82 24.44 24.44 5,346,724

15 Jan 2024 24.20 25.24 23.32 24.48 24.48 4,687,929

12 Jan 2024 25.30 26.56 24.64 24.68 24.68 4,967,148

11 Jan 2024 27.50 27.78 25.00 25.00 25.00 9,164,157

10 Jan 2024 27.00 30.20 26.14 27.68 27.68 10,526,697

09 Jan 2024 29.08 27.83 26.62 26.86 26.86 5,502,720

08 Jan 2024 30.40 31.22 28.00 28.48 28.48 7,250,643

05 Jan 2024 30.58 31.36 29.28 30.60 30.60 4,457,963

04 Jan 2024 31.62 32.70 28.84 30.98 30.98 10,637,670

03 Jan 2024 33.90 34.13 31.02 32.40 32.40 10,757,502

02 Jan 2024 37.88 38.12 32.10 33.56 33.56 25,386,94

Expecting the tie up to be announced by Q1 late Feb and to treble still.... could be wrong of course.