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Sparks Team
5 October 2018 · 1 min read

eServGlobal (ESG); Issues shares under institutional placement

Stock down 5.19% to 06.40p at 8:06

ESG, further to the announcement on 1 October 2018, has issued a total of 266,727,096 and 17,548,384 fully paid ordinary shares on the 3rd and 5th of October 2018.

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Sparks Team
5 October 2018 · 3 min read

Witan Pacific Investment Trust (WPC); 1H19 results: NAV total return fell 0.6%

Stock flat at 310p at 08:15

For the six months ending 31 July 2018, the company’s NAV total return per share and its benchmark (MSCI AC Asia Pacific Index) fell 0.6% and 0.1%, respectively.

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4 October 2018 · 2 min read

Ted Baker (TED); deliver positive sales growth in the UK and US despite challenging conditions

Overall Group sales increase in UK and North America of 3.5%

Akin to many of its peers, fashion brand Ted Baker has highlighted the challenging conditions facing retailers in its interim results. n spite of this, it has delivered positive sales growth in its UK and North American markets, contributing to an overall increase in Group sales of 3.5% (5.5% constant currency) to £306m.

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Andy Chambers
4 October 2018 · 4 min read

Cohort (CHRT); EID wins 2-year contract worth €4.8m

Stock up 2.41% to 425.00p at 8:10

Cohort’s Portuguese subsidiary, EID, has been awarded a €4.8m contract by the Portuguese Army to supply communication equipment for VAMTEC light armoured tactical vehicles.

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4 October 2018 · 3 min read

DFS reports worse than expected results, highlighting Brexit risks

DFS underlying pre-tax profits 3% lower than consensus expectations

Furniture retailer DFS reported today on profitability problems that are as bad, and worse, than expected. These were mainly the result of a hotter than usual summer, as well as some temporary problems at Felixstowe.

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Sparks Team
4 October 2018 · 2 min read

OnTheMarket (OTMP); Andrews Property offices to list on OnTheMarket.com

Stock up 1.03% to 147.50p at 08:36

The company announced that Andrews Property Group had signed a long-term agreement to advertise its UK residential sales and lettings properties on its property portal.

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Sparks Team
4 October 2018 · 2 min read

Target Healthcare REIT (THRL); final results: NAV per share rises 3.7% to 105.7p

Stock up 0.45% to 112.50p at 8:10

Target’s NAV total return was 10.5% for the year ended June 2018. IFRS profit rose 44.5% to £27.6m from £19.1m in 2017, while EPRA earnings per share increased 8.5% to 5.25p from 4.84p in 2017.

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Sparks Team
4 October 2018 · 2 min read

e-therapeutics (ETX); interim results: continued progress on strategy execution

ETX announced results for the six months ended 31 July 2018, whereby operating loss narrowed to £2.8m vs loss of £3.7m in H12017. Cash and deposits were at £7.6m, including a R&D tax credit of £1.4m, vs £9.6m in January 2018.

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Sparks Team
3 October 2018 · 1 min read

Primary Health Properties (PHP); notice of interim dividend: 1.35p per ordinary share

Stock up 0.17% to 114.60p at 8:35

PHP has declared 1.35p per ordinary share of 12.5p for its fourth quarterly interim dividend in 2018. It is payable to shareholders on the register on the record date of 12 October 2018.

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3 October 2018 · 2 min read

Tesco (TSCO): delivered impressive growth, strengthening like-for-like sales growth in Q2

Like-for-like sales up to 2.7% in Q2

In the wake of the Booker acquisition, Tesco has delivered impressive growth in adjusted operating profit of 24.4% to £933m, and in EPS of 18.4% to 6.36p. The dividend has been raised 67% to 1.67p.

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