We update our model following IGG’s FY25 results. We make
minor increases to revenue estimates, which are more than offset by higher expenses at the PBT level.
However, our Cash EPS estimates increase by 2% & 7% in FY26/FY27, owing to the addition of share buybacks (both…[Read more]
“QUILTER (QLT.L) – Re-evaluation of the investment case, upgrade to Hold, fairly valued on SOTP; Sell to Hold, Tgt 110p to 165p. Last Close 168p.
David McCann: It had previously been our view that insufficient risk was priced in to the shares, with one of the key reasons being that Quilter (unlike St. James’s Place) had not…[Read more]
Sometimes, even longer-term investors can benefit from short-term price action and the signals that it can generate. The Chart below is a 1-minute chart of Euro Fins Scientific (ERF FP or ERF PA). Note the hammer candle, often a sign of a reversal, as the market “beats out a low” followed shortly after by a bullish MA crossover signalling ups…[Read more]
Sometimes it’s possible for retail traders to get ahead of the banks and brokers. A good example of that was Neste Oyj.
A Finnish oil company, which has been on an amazing run since March, outperforming the rest of the sector as it did so. I have been bullish through and yesterday they rallied by another -14.0% taking there 4 months gains to…[Read more]
