The market doesn't appear convinced that EOH is progressing fast enough with its turnabout, sending its shares more than 5% lower yesterday when it released interim results. While it has continued to report losses, they have narrowed. It has also made progress on exiting some of the legacy contracts that have been weighing on it, while reducing debt. Zeder's shares shot up 13% at their best after it said it had received interest in some of its investee companies and was engaging with the potential buyers. It also announced another, smaller special dividend along with its annual results yesterday. Meanwhile, Hulamin and Bell Equipment have both reported losses for 2020 due to the impact of Covid-19 on their operations, with a better outlook for the year ahead. More on those stories to follow, along with Finbond's expansion in the US as it grows its dollar earnings base. I hope you have a good day. Stephen Gunnion Managing Editor, InceConnect
The latest from Ingham Analytics In the intriguingly titled "NOPE, you can make money out of volatility" top trader and risk expert Andrew Kinsey provides practical tips to play a notably volatile situation to advantage once the extremes diminish. With some high-profile stocks in the US being especially volatile in the past few months this is a timely and helpful note. And with Alibaba agreeing to a penalty this e-commerce giant is offering interesting value relative to some well-known US tech stocks as "Slap" explores. |