Member Info for volcano

Summary of results for the six months ended the 30 June 2020:





2020

20194

Continuing Operations





Revenue

£23.7m

£25.5m

Gross profit

£6.4m

£7.0m

Gross margin %

27%

27%

Gross R&D investment1

£4.0m

£2.7m

Net R&D investment1

£4.2m

£1.6m

Adjusted loss before tax2

(£3.9m)

(£2.5m)

Loss before tax

(£1.1m)

(£2.9m)

Loss for the year

(£1.6m)

(£2.5m)







Total Operations





Loss before tax

(£4.4m)

(£52.7m)

Loss for the year

(£4.8m)

(£50.2m)

Diluted earnings per share

(4.6p)

(65.0p)

Net cash at the period end3

£23.9m

£21.6m

Ferguson said it will resume dividend payments despite the plumbing and heating products supplier's annual earnings being held back by the coronavirus outbreak. For the financial year ended July 31, revenue slipped 0.9% to USD21.82 billion from USD22.01 billion in financial 2019. The revenue figure, however, was higher than the company-compiled consensus forecast of USD21.76 billion. Pretax profit was down 4.8% to USD1.26 billion from USD1.32 billion, while trading profit, which excludes exceptional items and amortisation of acquired intangible assets, was USD1.67 billion, up 8.6% from USD1.54 billion. The trading profit figure beat the consensus forecast of USD1.59 billion. Ferguson proposed a final dividend for the year of 208.2 cents which it said "effectively reinstates" the previously withdrawn interim dividend, and was in line with last year's payout. However, its USD500 million share buyback program remains suspended. The company separately said that Bill Brundage, currently chief financial officer of unit Ferguson Enterprises, will succeed Mike Powell as group CFO and executive director on November 1. Powell will step down at the end of Octobe

Alfa Financial Software Holdings PLC
ALFA
128.41 GBX
+20.41 (18.90%)

Ferguson 7,900.0 7,908.0 7,736.0 +484.0

Outlook for the remainder of the year



While uncertainties remain over the scale, and duration, of the ongoing impact of social distancing restrictions in the UK, the strong trading performance of Ocado Retail in the first three quarters of the year, combined with the impact of operational leverage in the retail business, suggest, given current trends, a full year EBITDA result for Ocado Group of at least £40m.

i shouldn't have followed the director's, cost me money , wow.

(Alliance News) - Pan-European stock market operator Euronext said Friday it is in negotiations with the London Stock Exchange Group PLC to buy the Milan stock market.

Euronext – which operates the stock exchanges of Amsterdam, Brussels, Dublin, Lisbon, Oslo and Paris – confirmed in a statement "it is currently in discussions with Cassa Depositi e Prestiti to submit an offer to London Stock Exchange Group PLC for the acquisition of the business and key operational assets of Borsa Italiana."

"A further announcement will be made as and when appropriate," it said.

Luceco has managed to reduce its debt and cover the 2019 final dividend in the first half. While there are questions over commercial demand for its products as the real estate market grapples with gauging office demand in the coming years, the company looks in good shape to tackle that challenge. Buy.

i will be happy with £2

The parlous state of the bond market had previously prompted the UK Shareholders Association to warn that L&G should pull its dividend while uncertainties over Covid-19 linger, but it held the rate steady from the 2019 distribution and there are few worries on the solvency front. The income case remains intact. Buy.

BATM Advanced Communications (BVC:114p), a provider of medical laboratory systems, diagnostic kits, cyber security and network solutions, has issued bumper first half results, upgraded full-year earnings expectations for the second time in as many months, and issued a bullish trading outlook. Moreover, with a bumper net cash pile of US$39m buoyed by first half operating cash inflow of US$4.4m, the board now expects to reinstate its dividend policy.

TTG Bid:271p Offer:276p Change:8.74

A British electronics company is to manufacture a potentially "ground-breaking" experimental saliva swab test designed to detect coronavirus within 20 seconds, sending its shares up 40 per cent. TT Electronics has been appointed as the exclusive manufacturing partner for the launch of Virolens, a "non-intrusive" coronavirus test that does not need to be administered by healthcare professionals and if approved by regulators could get the "world moving again". - The Times

Little bit disappointed with the share price now ,but for a long term investment MRW looks good at this price .

TTG share price is all over the place now, but it will settle .280p right now

themuir01 are you back to day trading again?

and there is my percentage LOL
TTG Bid:263p Offer:274p Change:84

264.00 GBX +74.00 (38.95%)
10 Sep, 08:06 BST · Disclaimer

i was wrong ,wow
249.24 GBX +59.24 (31.18%)
10 Sep, 08:05 BST · Disclaimer

could be big day for TTG , looking at least 20%