14.8
...7 hours..... ....whilst suspension may be very bad news, it doesn't take 7 hours to issue an RNS. The suspension is because of material change to the situation at AMI and this has to be tied in with the non-release of the last $104 million form Hong Kong.....we can second guess all we like, but for now lets expect bad news and then we won't be disappointed
haha whats Barney going on about now, not filling my screen with OUT copy and pastes thats for sure
Quiet in here but here's an IC comentary from today...Some of Britain's largest pub companies were dealt a blow this week after MPs gave the government a bloody nose and voted to add a Market Rent Option (MRO) to the Small Business, Enterprise and Employment bill. The new legislation is on its way to the House of Lords. Companies such as Enterprise Inns (ETI) saw their share price crash 14 per cent on Wednesday morning, with shares in debt-laden Punch Taverns (PUB) falling 10 per cent and recent acquisition-target Spirit Pub Co (SPRT) down 6.5 per cent. The MRO would remove the 'beer tie' which pub companies currently benefit from, which goes some way to explain investors' reaction to the news. At present, tenants purchase supplies exclusively from the parent company which owns the pub, but the removal of such a 'tie' would mean pub landlords could purchase goods from wherever they choose, driving up competition in the market and removing the monopoly held by listed pub companies. The parliamentary decision came just one day after Enterprise Inns reported 2014 annual results. Like-for-like net income rose 1.4 per cent last year, with 0.5 per cent of growth in the final quarter. Enterprise's rampant disposal programme, which is culling under-performing sites from its estate, meant underlying cash profits dropped to £302m (2013: £313m), although pre-tax profits (excluding exceptional one-off charges) stayed flat at £121m. Analysts at Numis believe the new bill will be subject to more scrutiny in the House of Lords and may face other independent legal challenges as well. At the moment, companies like Enterprise Inns derive a substantial amount of their income through tied beer purchasing, also known as 'wet rent'. This means tenants have to sell the beer made by the parent company on site - but this would not apply under the new rules. Numis adds that the new laws and an elimination of the beer tie would inevitably hurt pub companies' profitability.IC VIEW:Given Parliament's frequent rejection of this type of bill and the timing of by-elections in the UK, this could simply be an example of political point-scoring. However, investors' reaction is understandable - the ramifications for this kind of bill are serious for Britain's pub industry. We advise sitting tight until the House of Lords shows its hand.
i will Barney - GL
Re: Upgrade 55p target
even thou he cannot see ur coment!
you tell him Barney
seriously this CEO2 claiming he has no investment here .... time hes spending putting the share down. he's either been burned on the wallet trading in here or he wants a low entry point? either way, hes a whop !
low risk too!!
cheers
...Rio tanking...... .....its their own stupid fault flooding the market with iron ore......Sam Walsh is being foolish.... as Glasenburg said...................
yup a winner all the way
Re: QPP RNS Hopefully in due course Quindell will sell their stake here in an orderly fashion to institutional investors regardless of what happens to them.Their indirect investment is not helping the company and puts off other investors as they probably fear it could come under their influence.Quindell have no board representation.
my holding is minor compared to yours and sold on the last spike - still hold some thou
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