17 October 2024
The news that the ECB has cut interest rates in Europe by another 0.25% has gone down well with investors. With UK inflation falling as announced yesterday this must improve the chances of another rate cut in the UK in the near future. In other news, the October issue of cityconfidential has now been published:
Featuring a blue chip engineering stock down almost 40% this year with great recovery potential; an AIM stock we have covered for years which we instigated as a sell at 12p in January – now available at under half that price; and two AIM stocks on p/e ratios of under 8 which we believe could grow strongly in the coming months!
BP – 388p
15 October 2024 - trading buy The fall in the oil price to $73.50, down 4.8% today has caused shares in BP to drop 4.9% to 388.4p this morning. This has happened more than once recently with the share price recovering rapidly and we feel that this will happen again this...
Burberry – 709p
Burberry – 639p
Rio Tinto – 4860p
Audioboom – 225p
16 October 2024 - trading update The global podcast group has issued a very positive trading update covering the quarter to 30 September and this...
Abingdon Health – 9p
15 October 2024 - opening of US office The AIM-listed medical device company has announced the opening of an office in the US which should...
Ramsdens Holdings – 200p
10 October 2024 - trading update The AIM-listed financial group has released a trading update covering the year to 30 September and this has confirmed...
The Character Group – 274p
1 October 2024 - trading update The AIM-listed toys and games group has issued a trading update covering the year to 31 August and this...
BP – 388p
15 October 2024 - trading buy The fall in the oil price to $73.50, down 4.8% today has caused shares in BP to drop 4.9% to...
TI Fluid Systems – 181.7p
14 October 2024 - bid approach The group has revealed that it has received yet another proposal from ABC Technologies Inc (its fifth in total!)...
Norcros – 240p
10 October 2024 - trading uodate We last commented on the kitchen and bathroom products group after its AGM in July when we rated the...
Marston’s – 42p
9 October 2024 - trading update The pub operating group has announced a trading update covering the 52 weeks to 28 September and this has...
Abingdon Health – 9p
Surgical Innovations – 0.7p
Surface Transforms – 0.38p
Manx Financial – 16p
