HSP Sells Land at Premium, Dividend Rises, Not a Hold
#HSP selling a 2nd tranche of its renewable energy land portfolio for £6.8m, at 6% uplift to independent valuation. ShareScope has fwd p/e 12.4 falling to 12.2 and fwd Divvy 5.1% rising to 5.2%; nice income. I don't hold.
AVON Lands $12.7m Order,
#AVON won a $12.7m order for Filters for a middle east customer. ShareScope showing fwd p/e 20.5 falling to 18.3 and fwd Divvy 1.3% rising to 1.5%; not a crazy rating for a defence stock and seems to be on...
Terminal Values Are Just DCF Shortcuts via Multiples
Terminal values are themselves short-hands for DCFs. This is because a terminal value is essentially a multiple. And a multiple is a short-cut for a DCF. More in the memo below 👇
Avoid Annington Bonds Amid Repayment Shock Risk
Macro: credit litigation; GLAS sues Annington for £1.56bn over 2032–2051 bonds. Key: issuer rejects acceleration. Risk: repayment shock, guarantor strain. Trading insight: avoid Annington bonds. — Viktor Kopylov, PhD, CFA More insights: t.me/si14Kopylov
HSP Lifts Guidance 4% After New Contracts, Dividend Climbs
#HSP upgrading guidance by 4% after winning contract with #BBY and one with #DRAX . ShareScope showing fwd Dividend Yield 5.2% rising to 5.3%. Nice Uptrend. I don't hold.
AV Posts Strong Results, Launches £350m Buyback
#AV. Results look good. £350m share Buyback programme. ShareScope has fwd p/e 12.1 falling to 11.3 and fwd Divvy 5.8% rising to the 6.2% (remember Buybacks on top).
Bank of England Plans AI Shock Scenario Amid Job Fears
Bank of England to scenario plan an AI shock amid job loss fears https://t.co/fHg59yXJjn via @PhilAldrick https://t.co/NC5Mn1VZPt
ECB's Wunsch: Euro Gains Strength Through Expanded Global Role
Euro could strengthen with a bigger global role, ECB’s Wunsch says https://t.co/Qg36hBmWVe via @LyubovEUWorld https://t.co/LrN4SLJExv
Markets Bounce Back, Bullish Setups Dominate After Iran Crisis
Some observations on the Index Charts: Lots of Bullish setups across the whole lot. The unstable situation from yesterday of the Candlesticks being outside the Bottom Bollinger Bands has corrected very quickly. I find it amazing how markets have shaken off the...
EU Leaders Push for Measures to Cut Power Prices
EU leaders set to call for measures to lower power prices https://t.co/23kSOba0ij via @E_Krukowska @europressos https://t.co/5KEoG1V75b
EU Anticipates Exemption From US 15% Tariff Increase
EU expects exemption from the US universal tariff boost to 15% https://t.co/XiyLxBsgAB via @jendeben https://t.co/I0YRgVF88F
CORD's 3.9% Yield Positions It as Income Play
ShareScope has #CORD on a Forward Dividend Yield of 3.9%; it might work as an Income Portfolio stock. I don't hold.
NET Shows Solid Recurring Revenue but I Won’t Hold
#NET decent HY Results. Net Funds £13.8m (down due to acquisition). 83% Recurring Revenue. ShareScope has fwd p/e 23.9 falling to 19.8 and fwd Divvy 1.1% rising to 1.2%, strip out cash and it's reasonable. I don't hold.
RPI FY Results Unveiled at Investor
#RPI looks like FY Results on Tuesday 31st March with an Investor Meet presentation at 2pm:
Low‑beta, US‑linked European Sectors Stay Shock‑proof
GS Europe: Europe has re-rated in recent years Sectors with high US exposure and a low beta to the market should be mostly immune to recent shocks https://t.co/g2Fd3kpcA5
VGK Shows Strong Reversal at Clean Support
Interesting spot $VGK (Europe) -- solid reversal on clean support. 84 line in sand. https://t.co/YeH5D1pF0E
Europe's US Discount Shrinks, yet Gap Persists
GS: While Europe remains on a discount to the US, this discount has narrowed https://t.co/MWh0XnVJBZ
FTSE250 Shows Bearish Momentum, EMA Cross Looms
#FTSE250 big Down Candle. RSI 44 bit off Neutral. Could be lining up 13/21 day EMA Bear Cross. Closed below Bottom Bollinger Band which is unstable.
DAX May Face Sharp Downside Move
DAX - going to be fugly it this comes out the downside. (measured move projection possibility) https://t.co/OYKBGz8xYS
Market Dip Matches Expectations, FTSE
This is certainly more like the whack to markets I had expected yesterday. At least I might get a good opportunity to open a GIT #FTSE100 Long at some point. :-)
Euro Inflation Stable; Service Spike Likely Temporary
🇪🇺 Don't think there's much to worry about in today's euro area inflation numbers. Core goods inflation is rising, but several temporary factors drove the upside surprise in services (Olympics effect?), barely offsetting the downside surprises from last months. https://t.co/UqbbT9rLY9
Energy Crunch Threatens BOE Missing Inflation Target
Energy crunch risks the BOE missing its inflation target for another year https://t.co/FWCJnvjnZJ via @tomelleryrees https://t.co/zZtUBjDKCz
ECB Won’t Base Rates Solely on Energy Prices, Villeroy Says
Villeroy says the ECB won’t set rates based solely on energy prices https://t.co/G8My89Yxzs via @SamyAdghirni https://t.co/rTdDrkhLLF
France’s Economy Stands Strong, ECB Should Stay Hands‑Off
France has low exposure to Middle East shock, low inflation and resilient growth. ECB should not react to energy swings. Risk: energy volatility. Trade: overweight French banks. — Viktor Kopylov, PhD, CFA. More insights: t.me/si14Kopylov
AIM Shares Hold Sideways, Bullish EMAs Tight, RSI Moderate
#AIM All Share Doji Candle and Sideways 4 weeks. Support 796, 775, 746. Resistance 837. RSI 61.5 not high. 13/21 day EMAs Bullish but Lines tight. Top Bollinger Band 822. Midpoint Line 814. Bottom Band 807.
FTSE100 Slides From ATH Amid Overbought Signals
#FTSE100 Down Candle off ATH. Support 10554, 10232, 10000. RSI 80 still crazy Overbought. Top Bollinger Band 10928. Midpoint Line 10722. Bottom Band 10522.
DAX Gaps Down Yet EMAs Signal Bullish Momentum
#DAX Gap down and Long Tails Doji but still in bigger Sideways Range. Support 24272, 23924, 23433, 23277. RSI 47.5 bit off Neutral. 13/21 day EMAs Bullish. Closed outside Bottom Bollinger Band 24716. Midpoint Line 25095. Top Band 25478.
2025 Portfolio Review: Hits, Misses, and Dollar Lessons
My annual portfolio review is one of my most read posts of the year. The 2025 edition is now live 📊 Did I hit my goals? 👉 The Good, The Bad and The Dollar 😉 Check it out here: 🔗 https://europeandgi.com/inspiration/2025-dividend-portfolio-review-the-good-the-bad-and-the-dollar/ Share ⏩ &...
Traders Slash BOE Cut Odds Below 50% for March
Traders trim BOE bets, see less than 50% chance of a cut in March https://t.co/qbysIjoLyJ via @highisland https://t.co/TOAzMgmV6e
Italy's 2025 Deficit Exceeds EU 3% Limit
Italy’s deficit breached the EU’s 3% ceiling in 2025 after all https://t.co/khPIWxEtbb via @donatopmancini https://t.co/QURIoNIGBe
PRM Restructures Contracts to Stabilize Fire Safety Business
$PRM on how they have transitioned the fire safety business to be less cyclical by restructuring their fire retardant contracts
March Cold Snap Won’t Significantly Raise Consumer Gas Prices
A cold spell in Europe in March would definitely put the cat among the pigeons, but worth remembering that it takes a while for gas prices to feed through to consumer prices, so "flash in the pan" shift won't matter,...
Topicus' Organic Growth Slows, Reversal Possible?
Topicus' organic growth rates for all quarters for which we have data. $TOI $TOI.V Do you anticipate a reversal anytime soon, do you expect the trend to come to a halt now, or are we going even lower? 😉
CRW's Buyback Fails to Offset Low Valuation
#CRW decent results and update. Launching $25m share Buyback. ShareScope showing fwd p/e 17 falling to 15.2 and fwd Divvy 2.1% rising to 2.2%; historically this seems a low rating. I don't hold.
80% of Revenue Target Already Contracted, AI Fears Dragging Stock
#DATA results look OK and interesting bit about 80% of Analyst target for revenue already contracted. ShareScope has fwd p/e 11.6 falling to 9.1 and fwd Divvy 1.8% rising to 2%; I suspect it's been weak due to AI fears....
TSTL Beats Targets, Cash Rises, US Sales Improving
#TSTL HY Results read nicely and reiterate on target for FY. Net Cash £13.29m (up). US sales picking up but still relatively low. Happy holding :-)
Power Lobby Cautions Von Der Leyen Against Market Interference
Power lobby warns European Commission President Ursula von der Leyen not to tamper with the market https://t.co/3HD3TctdVK via @johnainger https://t.co/EUl5qc4dhI
Cautious on Small‑Cap After February Dividend Results
Four companies in my UK dividend share portfolio issued results in February, including an 8% yielder and a high quality FTSE 100 stock. In my monthly update I share my views and explain why I've become more cautious about one...
Finding Solid Dividend Growth Stocks in US & Europe
We went back to basics on the latest DividendTalk by covering how to find solid dividend growth stocks in both the US and the Europe. Worth a listen if you're building your watchlist 🙌 Tune in here: 🔗 https://open.spotify.com/episode/30VKC7ETTzOBI65Lfl5dnD?si=OtYzweq5RrKPJUEyQi876A Feel...
Diversification Fuels LVMH’s Broad Luxury Consumer Reach
Former VP at $LVMH on their competitive advantage "LVMH benefits from its level of diversification. They cover so much ground in their understanding of an ability to reach a consumer interested in luxury products from so many different angles."
Shift to GARP and Solid Balance Sheets Now
This chart is a classic, but let’s move that "We Are Here" pin 📍 Where would you say we are in the cycle right now? The Early-Cycle easy gains are over, I think. It's time to focus on GARP (Growth at a...
GHH Shows Debt Reduction, Attractive Valuation Ahead
#GHH interesting Update with signs of improvement. Net Debt down a little to £28m. ShareScope has fwd p/e 16.9 falling to 14.2 and fwd Divvy 1.8% each of next 2 years, BEFORE 5% jump today. Worth considering. I don't hold.
BBOX Offers 5% Yield, Growth Drivers, No Hold
#BBOX decent statement. Not much Discount to NAV but ShareScope showing fwd Dividend Yield 4.7% rising to 5%; several growth drivers so definitely interesting. I don't hold.
RAT Beats Expectations; Dividend up, Buyback Announced
#RAT results and forward statements read well. ShareScope has fwd p/e 13.6 falling to 11.8 and fwd Divvy 4.5% rising to 4.9% BEFORE 5% jump today. Nice Dividend and starting an additional Buyback. I don't hold.
Eurozone Inflation Dovish, yet France‑Spain Surprises Challenge Doves
EZ inflation still looks dovish to us for February, but upside surprises in France and Spain this morning doing doves no favours; the "in a good place" mantra to stay. Let's see what Germany's state CPIs throw at us in...
CEO Exit Undermines Confidence in Trainline’s Long‑Term Vision
Trainline's CEO is jumping ship. Here's a snippet from what I wrote in my $TRN deep dive conclusion: "If Trainline were a founder-led business today, with a CEO who still owned a truly material personal stake and followed a long-term blueprint with...
Indra Shows Capital Surge in Small EU Defence Sector
Indra Sistemas still one of the better examples of a lot capital flowing into a relatively small market-cap sized EU defence theme
WIL Shows Decent Fundamentals but Weak Chart, Not a Hold
#WIL results read OK. Has debt now and acquisitions weakened margins. ShareScope has fwd p/e 11.1 falling to 9.3 and fwd Divvy 4.4% rising to 4.6%; attractive numbers. Chart weak and AI possible threat. I don't hold.
TATE's Weak Performance Calls for Patience Despite Yield Rise
I keep looking at #TATE as something for my Income Portfolio but unfortunately it seems to have got itself in a bit of a rut of weak performance. ShareScope showing fwd Dividend Yield 5.1% rising to 5.2%; patience needed then.
MTEC Shows Cash Boost, Falling P/E, Worth Watching
#MTEC "ahead of recently upgraded expectations". Net Cash £11.9m (up). ShareScope has fwd p/e 17.4 falling to 13.7 but no Dividend. Mkt Cap £55m ish so quite small. Worth a look. I don't hold.