Member Info for mick-b

FTSE100 UP 0.35%
live >>>>>
https://www.ig.com/uk/indices/markets-indices/ftse-100

https://www.teletrader.com/europe-mixed-premarket-ahead-of-earnings/news/details/58315511?internal=1

bush meat!
Wiping out wildlife

It sounds like one of my shares
A DUD !

RE: Updated..........20 Jul 2022 12:41
Years of talk and no sales........................

i read it m8

Apollon Formularies PLC - London-based medical cannabis pharmaceutical firm - Jamaican subsidiary, Apollon Formularies Jamaica Ltd, reaches deal to buy Citiva Jamaica LLC in a part-cash, part-shares transaction. Will pay USD60,000 cash as well as issue 18.5 million shares to CJL Holdings. CJL to end up with 2.4% stake in Apollon's enlarged, issued share capital. "Apollon Jamaica will finalise minor local permits required to achieve full GMP certification allowing Apollon Jamaica to export its products globally as well as expand into the national pharmacy and dispensary network in Jamaica, thereby providing significant revenue streams for the company," it adds. Firm expects deal to "create significant" revenue growth over the next 12 months.

----------

The latest Tory leadership debate between Rishi Sunak and Liz Truss has been cancelled after the presenter fainted on air.
The Sun and TalkTV debate, hosted by journalist Kate McCann, abruptly halted around halfway through after a loud crash was heard.
TalkTV said McCann was "fine" but the channel had been given medical advice not to continue.

The latest Tory leadership debate between Rishi Sunak and Liz Truss has been cancelled after the presenter fainted on air.
The Sun and TalkTV debate, hosted by journalist Kate McCann, abruptly halted around halfway through after a loud crash was heard.
TalkTV said McCann was "fine" but the channel had been given medical advice not to continue.

Home improvements company Wickes (WIX) struggled to paint over “signs of market softening in recent weeks” as consumers face growing macroeconomic uncertainty. The retailer cut its profit guidance to between £72mn-£83mn for the year, and shares collapsed by 18 per cent after the announcement.

Firms selling DIY equipment flourished in the last two years as locked-down Britons spent more money on improving their homes, but this trend is now retreating, with Wickes’ core like-for-like sales flat in the second quarter. This figure remains higher than pre-pandemic levels, meanwhile progress in Wickes’ ‘Do-It-For-Me’ segment meant that its overall sales for the period rose by 5.4 per cent. Liberum said that while an 8 per cent cut to profit expectations was “clearly disappointing”, it said Wickes’ current valuation “fails to reflect the quality of the business, strong cash generation and very healthy balance sheet”. MT

For Culpepper....their you go !!

Thanks for the INFO....NOM

This was supposed to list in 2019, but eventually floated during the Covid-induced DIY boom in 2021, as a spin-off from Travis Perkins (LON:TPK) . Today’s trading update starts promisingly and reports like-for-like sales growth of 5.4% in Q2 (so that H1 like-for-like sales are up 0.8% overall). But it then describes “signs of softening” in its markets, in more recent weeks.

Customers are “reacting to the uncertain macroeconomic backdrop” and “taking longer to commit to big ticket projects”. Full-year adjusted PBT is now expected in the range of £72-82m. At the bottom end of the range, that looks like a miss of up to c. 17% against consensus forecasts, helping to explain the sharp drop in the share price today.

The DIY retail sector is one of the most economically exposed. While business at Wickes has boomed recently, the high profit margins seen in FY 2022 may not be representative of a sustainable or average performance. Estimates can get cut very, very quickly and the volatility of trading may correctly justify the cheapness of these shares.

Fantastic site free from ads too
CHEERS !
Question....how do they make their money?

CHEERS

FTSE100 FLAT
view live >>>>
https://www.ig.com/uk/indices/markets-indices/ftse-100

"Deals with India......................... He's hard on China."

Father in law is Indian
Funny that

Led by donkeys
https://www.youtube.com/watch?v=hSOg8MH8tQs

tearing into each other
Like rats in a sack

BRILLIANT....especially as it pans out at the end to show the white cliffs of Dover.
https://www.youtube.com/watch?v=hSOg8MH8tQs

Britain paid the highest price on record for electricity in London last week as the capital narrowly avoided a power blackout, it has emerged.
National Grid’s Electricity System Operator (ESO) was forced to pay £9,724.54 per megawatt hour to Belgium, more than 5,000% higher than the typical price, last Wednesday to prevent a blackout in south-east London, as first reported by Bloomberg.
https://www.itv.com/news/london/2022-07-25/london-narrowly-avoided-power-blackout-as-electricity-prices-surged-in-heatwave

Britain paid the highest price on record for electricity in London last week as the capital narrowly avoided a power blackout, it has emerged.
National Grid’s Electricity System Operator (ESO) was forced to pay £9,724.54 per megawatt hour to Belgium, more than 5,000% higher than the typical price, last Wednesday to prevent a blackout in south-east London, as first reported by Bloomberg.
https://www.itv.com/news/london/2022-07-25/london-narrowly-avoided-power-blackout-as-electricity-prices-surged-in-heatwave

Britain paid the highest price on record for electricity in London last week as the capital narrowly avoided a power blackout, it has emerged.
National Grid’s Electricity System Operator (ESO) was forced to pay £9,724.54 per megawatt hour to Belgium, more than 5,000% higher than the typical price, last Wednesday to prevent a blackout in south-east London, as first reported by Bloomberg.
https://www.itv.com/news/london/2022-07-25/london-narrowly-avoided-power-blackout-as-electricity-prices-surged-in-heatwave