BEST OF THE BROKERS May 8, 2011 BG GROUP Deutsche Bank rates the oil explorer a “buy” with a target price of £17.25. The broker expects BG’s first quarter results tomorrow to show a 14 per cent rise in operating profit as the uptick in commodities prices outweighs slightly lower production levels. Deutsche has raised its earnings per share forecasts based on [...]
BEST OF THE BROKERS May 8, 2011 BG GROUP Deutsche Bank rates the oil explorer a “buy” with a target price of £17.25. The broker expects BG’s first quarter results tomorrow to show a 14 per cent rise in operating profit as the uptick in commodities prices outweighs slightly lower production levels. Deutsche has raised its earnings per share forecasts based on [...]
Star Witness can finish with a bang July 7, 2011 NO Australian-trained horse has ever won tomorrow’s Group One Darley July Cup (3.35pm), but I expect that to change thanks to Aussie raider STAR WITNESS. Danny O’Brien’s four-year-old ran two absolute crackers at Royal Ascot and this will be his last ever race, as he is due to go back to stud in his homeland. [...]
Star Witness can finish with a bang July 7, 2011 NO Australian-trained horse has ever won tomorrow’s Group One Darley July Cup (3.35pm), but I expect that to change thanks to Aussie raider STAR WITNESS. Danny O’Brien’s four-year-old ran two absolute crackers at Royal Ascot and this will be his last ever race, as he is due to go back to stud in his homeland. [...]
Queen’s horse becomes Derby favourite May 12, 2011 HORSE RACING: The Queen’s Carlton House is the new favourite for next month’s Investec Derby after winning trial race the Dante Stakes at York yesterday. Jockey Ryan Moore brought Sir Michael Stoute’s colt home a length-and-a-half ahead of favourite Seville. Carlton House, who was last night quoted at 5-2 by bookmakers William Hill, is set [...]
Queen’s horse becomes Derby favourite May 12, 2011 HORSE RACING: The Queen’s Carlton House is the new favourite for next month’s Investec Derby after winning trial race the Dante Stakes at York yesterday. Jockey Ryan Moore brought Sir Michael Stoute’s colt home a length-and-a-half ahead of favourite Seville. Carlton House, who was last night quoted at 5-2 by bookmakers William Hill, is set [...]
ANALYST VIEWS: WHAT DO THE RESULTS MEAN FOR INVESTORS? May 24, 2011 MORTEN SINGLETON | INVESTEC Results headlines look absolutely fine. The headlines all came in at or above consensus expectations. The full-year dividend has been held at 4.5p despite some anticipation in the market of a possible cut. There are no major catalysts here, but no disasters either. KEITH BOWMAN | HARGREAVES LANSDOWN Overall there wasn’t [...]
Why crises are good news for the EU June 2, 2011 THERE are two kinds of organisations: those that are rewarded for failure with more power and greater budgets, including most regulators, and those that are punished for their mistakes, including private firms operating in a real free-market with no bailouts. The European Union is very much in the first camp. The proposal yesterday by the [...]
ANALYST VIEWS: WHAT DO YOU MAKE OF TALKTALK’S FIGURES? May 19, 2011 MORTEN SINGLETON | INVESTEC Full-year results were a bit of a mixed bag, but on balance perhaps slightly more positive than negative. Revenue and subscriber numbers continue to disappoint but cost and profit progression and dividend upgrades provide the counter balance. ‘Hold’ retained. MIKE JEREMY | DANIEL STEWART These figures are very close to outlook [...]
ANALYST VIEWS: WHAT DO YOU MAKE OF TALKTALK’S FIGURES? May 19, 2011 MORTEN SINGLETON | INVESTEC Full-year results were a bit of a mixed bag, but on balance perhaps slightly more positive than negative. Revenue and subscriber numbers continue to disappoint but cost and profit progression and dividend upgrades provide the counter balance. ‘Hold’ retained. MIKE JEREMY | DANIEL STEWART These figures are very close to outlook [...]