Tomorrow,tomorrow..... |
Bye bye FTSE 250,FTSE 100 here we come! |
Tommy sells £2 million worth of shares,sure I suppose I'd do the same...........................................................................................................if I were getting them for NOTHING! |
looking v good indeed :) |
I think it's safe to say the market likes this deal. |
40 quid,then soars above,it's been some performance. |
Video interview with SVM Asset Management's Colin McLean
Colin McLean, chief executive of SVM Asset Management for 25 years, tells Proactiveinvestors about his investment strategy including why he won't invest in oil, gas and mining companies and why he favours SSP Group (LON:SSPG), DCC (LON:DCC), Micro Focus (LON:MCRO) and Hutchison China MediTech (LON:HCM). |
Overall,a fairly positive trading statement. |
methinks it's getting colder! |
Mild weather leading to profit's warning. |
28/8...Panmure Gordon reiterates it's buy with £42 target |
A great fit Gerry.
A small percentage of the French market.More to come. Jeffries upped their target to 4150p from 4050p. |
Buying (mostly) unmanned fuel stations in France and Esso's motorway concessions for 106 million euro,looks like a good fit,viva la france! |
Early days but solid IMS,forecasting an upgrade 10-12% increase in EPS. |
Seems there was a lot of buying yesterday.....and today the co. announces the acquisition of Williams Medical,a bit fishy,allegedly. |
EPS and operating profit up by almost 12%,impressive. |
The market seems to like the IMS. Not cold enough for the fuel business but making up for that in other sectors.
From the Daily Mail "Dublin-based support services provider DCC jumped 133p to 2918p despite the company cutting its guidance on full-year earnings per share growth to 7 per cent-10 per cent, from 13 per cent, due to mild weather. Investec remained upbeat and advised clients that the development spend is more important than short-term weather impact"
Jefferies International Buy, Target 3,250.00 Reiterates |
Looking at the tr 1s the institutions have been selling out for the last 2 - 3 months i think - any ideas why? |
2014 The Great Irish Share Valuation Project (Part I)
I take a look at DCC, plus a batch of other Irish stocks:
hxxp://wexboy.wordpress.com/2014/02/03/2014-the-great-irish-share-valuation-project-part-i/
Cheers,
Wexboy |
Yes mild but very wet.Cold to come over from the US no doubt. Touching the 30 quid line. |
Is it my imagination or are we having a mild winter? A few degrees lower please! |
I'm always uneasy when I see one of the cos in which I invest being ramped...but here goes: According to today's Sunday Business Post,Pelham Capital hedge fund founder Ross Turner said at the Ira Sohn investment conference that DCC shares could rise to £40 by further consolidation of the British oil distribution market.Ah,it's starting to feel like the old TMT days!! |
Thanks for that dj DCC: Jefferies raises target price from 3200p to 3250p and keeps a buy recommendation. |
Talk of 'breaking out of Europe' by co. in today's Irish Times.No timeline but Asia,here we come! |
![](https://images.advfn.com/static/default-user.png) Bought in at the start.
International sales, marketing, distribution and business support services group DCC posts operating profits of £69.4m for the six months to the end of September - 38.0% up on last year.
Revenues rose 11.1% to £5,419.9m and adjusted earnings per share increased by 38.6% to 58.34p.
Chief executive Tommy Breen said: "It is pleasing to report that operating profit and adjusted earnings per share were significantly ahead of the prior year, albeit in the seasonally less significant first half. This out-performance was driven mainly by a particularly strong first quarter.
"DCC Energy, the group's largest division, traded significantly ahead of the prior year, benefiting from colder than normal weather conditions in the first quarter, the successful integration of acquisitions completed in prior periods and increased operational efficiency.
"Operating profit in DCC SerCom, the group's second largest division, was strongly ahead of the prior year, driven by its market leading position in the UK market for mobile computing products, such as notebooks and tablets, and its growing position in the mobile handset market.
"DCC Healthcare traded significantly ahead of the prior year, benefiting from first time contributions from Kent Pharma and Leonhard Lang UK, together with strong organic growth in the Health & Beauty sector.
"DCC's two smaller divisions, DCC Environmental and DCC Food & Beverage, traded modestly ahead of the prior year.
"The board has decided to pay an interim dividend of 26.12 pence per share, which represents a 10.0% increase on the prior year." |