Member Info for MaryBr190

Ho in person to store, what is the gripe? Something for nothing brigade?

160p

Bid due any day imho

145p - after years in the wilderness this seems a sensible level at last. Onwards and upwards.

JP Morgan has upgraded its ratings for both catering giant Compass Group and pub and hotel operator Marston's after its latest review of the Europe-listed leisure sector.

The bank has lifted both stocks to 'overweight' from 'neutral', giving both names a lift on Thursday.

JP Morgan said it was taking a "slightly more conservative approach" to estimates and valuations across the European leisure sector heading into 2024, and rolling its price targets over by a year to 2025 calendar year.

"In the context of the solid performance of hotels in 2023, we reshuffle our preferences and turn more constructive on catering (better visibility, decent growth) and remain more selective on gaming," the bank said.

Compass's target price has been raised from 2,200p to 2,500p, while the Marston's target is now 58p from 54p previously.

Compass shares were up 0.4% at 2,115.68p by 1153 GMT, while Marston's was up 6% at 29.93p.

Breaking out - super

Badboc - you throwing in the towel?

1) ever is such a long while

2) in 3-6 months you predict a leg up - so no longer going to zero.

MAKE YOU MIND UP !

Looks like the shorters are about to play the Squid Game and get eliminated.

The 1661 buy in is looking good but trimmed

Interest rates coming down quicker will only help companies with high debt - the outlook will be improving and lower finance costs feed straight through.

DYOR

Https://www.lse.co.uk/news/CURY/currys-narrows-h1-losses-nordics-recovery-on-track-unobcs6zaj0zlvi.html

3. Details of person subject to the notification obligation:

Name:

Brandes Investment Partners, L.P.

City and country of registered office (if applicable):

San Diego, USA

4. Full name of shareholder(s) (if different from 3.):

5. Date on which the threshold was crossed or reached:

05/12/2023

6. Date on which issuer notified:

11/12/2023

7. Threshold(s) that is/are crossed or reached:

8%

8. Total positions of person(s) subject to the notification obligation:

% of voting rights attached to shares (total of 9.A)

% of voting rights through financial instruments(total of 9.B.1 + 9.B.2)

Total of both in % (9.A + 9.B)

Total number of voting rights of issuer

Resulting situation on the date on which threshold was crossed or reached

8.02%

8.02%

31,580,195

Position of previous notification (if applicable)

6.32%

6.32%

Heading toward £4 clear blue skies

Https://www.theguardian.com/business/2023/dec/11/miner-anglo-american-could-become-takeover-target-say-analysts

(Sharecast News) - Canaccord Genuity has reiterated its 'buy' ratings on Spirent and Calnex, saying the announcement by AT&T to commit $14bn to accelerate OpenRAN in the US "should rub off positively" on the UK-listed tech firms.

US telco giant AT&T announced on Monday that it is planning to build an OpenRAN-capable 5G radio network, with Ericsson as its lead vendor, over the next five years. OpenRAN enables mobile network operators to "use equipment from multiple vendors for individual network radio access network (RAN) components and still ensure interoperability compared to typically single- or dual-sourced 'standard' radio access networks," Canaccord analysts explained.

AT&T said it should have fully integrated OpenRAN sites starting in 2024 and ramp up deployments from 2025, moving away from "closed proprietary interfaces...enabling rapid scaling and management of mixed supplier hardware at each cell site."

It expects that 70% of its wireless network traffic will flow across its OpenRAN-capable network by late-2026.

"In our recent note, we highlighted OpenRAN as one of the technology drivers that could help boost demand for network test solutions over the next few years. However, so far the technology has only seen modest global adoption, but this commitment by AT&T could accelerate industry-wide momentum," Canaccord said.

"To deploy OpenRAN, telcos typically need a lot more testing capability in order to ensure and monitor interoperability of the individual network components."

AT&T is estimated to be Spirent's largest single customer, accounting for up to 10% of sales, while the news could also support demand for Calnex's SNE-Ignite OpenRAN emulation platform, Canaccord said.

"Overall, we view AT&T's announcement as an industry positive that should add incremental impulses to a still tough telco spending environment and improve visibility on our 2024+ demand recovery thesis."

Despite the news, Spirent's share price was down 0.5% in morning trade, while Calnex was flat.

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What's Hot early December - Gold and Bitcoin stocks

More News

Today 09:33Sharecast News

Numis hikes Spirent Communications target price, upgrades to 'buy'

(Sharecast News) - Numis hiked its price target on Spirent Communications on Tuesday to 155p from 95p on the back of upgraded forecasts.

Read more

29 Nov 2023 16:40Sharecast News

London close: Stocks mixed as US GDP growth tops forecasts

(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by a combination of UK data releases and robust economic growth in the US.

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29 Nov 2023 09:31Alliance News

IN BRIEF: Spirent Communications wins USD15 million contract with bank

Spirent Communications PLC - Crawley, England-based automated test and assurance software and services for devices and networks - Confirms signature of USD15 million contract with a "world leading retail and investment bank" to automate the unnamed financial firm's lab a

Sharecast News) - Numis hiked its price target on Spirent Communications on Tuesday to 155p from 95p on the back of upgraded forecasts.

"This is +39% versus the stock's last closing price, so we also up our rating from hold to buy," it said.

Numis said it thinks Spirent expects trading in the telco sector - which makes up around 70% of its business - to be no better or worse in FY24. Its prospects remain strong when telcos can no longer continue to sweat their assets, or some break rank to gain share, it noted.

"So SPT is urgently pivoting to non-telco sectors for sales growth and managing costs carefully, in part by fundamentally streamlining itself, without cutting any of the R&D that serves its future," it said.

At 1030 GMT, the shares were up 2.8% at 114.60p.

Tipped in or a few at 1713p

All to do with debt and currency and when that starts to improve we will see 140p again. Adding for bottom drawer.

Cheers pokerschips and a very merry Christmas to you.

If only all inflationary increases could be banned then the (global govt orchestrated ) cost of living crisis would be over.

Time to fill your boots