Shares in 500-year-old Royal Mail fell as much as 9.7% in morning trade. IC TIP UPDATES: Emerging markets-focused asset manager Ashmore (ASHM) has raised its interim dividend from 4.55p to 4.8p per share, the first hike in distributions since 2014. Judging by the group’s 42 per cent year-on-year rise in pre-tax …
Read More »Industrial transport looking for a boost
At first glance, the industrial transport sector seems a rather odd grouping of companies, covering everything from marine engineering and shipbroking to private aviation and letter delivery. But there is a common factor on which their performance hinges: business confidence. Clarkson’s (CKN) financial division ran aground last year as global …
Read More »Why shareholders’ votes matter
If you manage to vote on your shares held by a platform then you are in an elite club of roughly 6 per cent. While it may not seem a pertinent portfolio management decision, dwindling turnout is causing alarm among investment trust managers and corporate governance experts alike. “Few subjects …
Read More »our Royal Mail replacement is a more resilient business and has better scope for dividend rises
Questor Income Portfolio: a firm that offers a perennially popular form of family entertainment is a better bet than a delivery business struggling to reinvent itself Our replacement for Royal Mail, which we removed from our Income Portfolio in late November over fears that it would not make a success of its transition …
Read More »Week Ahead: 13 January – 17 January
Welcome to the week ahead, our summary of the forthcoming key company announcements. Companies are no longer obliged to notify the London Stock Exchange (LSE) of results and trading updates, so this list does not claim to be comprehensive. You can read company announcements at http://announce.ft.com and our daily online …
Read More »our Income Portfolio in 2019
Questor Income Portfolio: the election gave our income stocks a late fillip, while bonds made steady income and some worthwhile capital gains It was a year of two – rather unequal – halves for the Income Portfolio in 2019. Until the election our holdings were becalmed but many came to life …
Read More »Stock markets start the year on a high as China raises spending
Royal Mail forecast a surge in returns of products bought online, with volumes predicted to be 72pc higher on January 2 than the average number of … Source link
Read More »the election has boosted the value of our Income Portfolio by almost 5pc
Questor Income Portfolio: Boris Johnson’s victory has reinvigorated the very stocks in which our portfolio is largely invested What did the general election do for holders of Questor’s Income Portfolio? There has, naturally enough, been no effect so far on the dividends paid by our holdings but in capital terms the …
Read More »The FTSE 100 will hit 8,000
Investors now have certainty and they will cheer it by sending shares higher this morning. Even if the exit poll’s prediction of an 86-seat Tory majority is out by some way, a big Conservative win is now assured. Thanks to the pledges made by the party’s candidates to vote Boris …
Read More »it is a painful lesson for us, but we must bite the bullet and sell Royal Mail
Questor Income Portfolio: the company admits that it could make a loss next year and everything now depends on the success of its belated – and risky – restructuring Questor’s decision in December 2016 to tip Royal Mail has not proved to be our finest hour. To start with all went well: …
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