Hints and tips:
...So, everything publicly available is on RNS or the website.”...
...something is better than nothing, says Goodbody analyst John Cronin . . . albeit not by much: On our calculations, were this a standard rights issue (which this is NOT), the theoretical ex-rights price of c.34p...
...watch: Fundsmith Emerging Equities wants to throw in the towel; Dunelm results and guidance are solid; C&C’s a bit cautious; Naked Wines is in big trouble; Hornby belatedly announces a related party transaction...
...whether to issue an RNS announcement....
...CEO in October; Wise results; a looser capital requirement for Metro Bank; and M&C Saatchi publishes its bid defence circular...
...Plus: a new C-suite at Asos; Shaftesbury and CapCo agree merger terms; and trading updates from Asos (warning) + Boohoo (weak Q1) — Aliens?...
...— Bad news: a combine harvester is heavier than a diplodocus — Eurovision in a time of war — On RNS watch: KKR bids for ContourGlobal and Vin Murria finally delivers an offer for M&C Saatchi — Via Hacker...
...Headhunters Heidrick & Struggles, which came up with the findings after combing through RNS statements, did not provide a gender breakdown of the departing executives....
..., Clearpay, delivered c. $200 million of underlying sales in November 2020, in what was a record month for Afterpay....
...It’s like DDOS by RNS out there this morning. If only as a coping mechanism, let’s start with something other than results....
...Virgin Money (which restarted its redundancy programme today, which appears not to have merited either an RNS or a press release on its website) goes down to “sector perform” at RBC Capital Markets....
...Capita, in a Response to Press Speculation RNS, “confirms that it has not received an offer from CVC to acquire Capita.”...
...No RNS, no on-the-record comment and (aside from people close to things) no nothing. That’s important....
...We continue to believe it needs to fill a hole of c£8bn caused by COVID....
...Other things equal, we expect Bloomberg consensus FY20E PBT to reduce c.£10mn to c.£455mn (adj. EPS 18.3p, -23% yoy)....
...Every 1% change in bad debt will impact by £82mn, or c.1.1p/share. Bad debt in 2019 was c.1.5% for residential and 0.7% for business....
...If the bondholders call in their debt, M&B could sell some of its 1,356 securitised pubs (last valued at c£4bn) to pay off c£1.7bn of notes and c£0.3bn of MTM swaps....
...Allocating c. 2/3 to BASF would still imply a potential total damage risk for Bayer of c. €11bn....
...What about that first RNS though? KKR is a name you’ll likely recognise, but who’s GK Investment Holding Group? Well, it’s this chap....
...This yields a valuation of c.90p per share. Amazingly, Amigo’s fight is one of two shit-flinging episodes on RNS this morning....
...Nearly two trading days have passed since Hipgnosis Songs Fund put out an “acquisition of music catalogue” RNS, but that doesn’t mean we can ignore the C-share printing royalty collection SPV....
...We also had a look at the other bidder, Kamel Ghribi, whose apparent backer GKSD Investment Holding has an RNS out this morning....
...EasyJet has highlighted via RNS that it has £1.6bn of cash on its balance sheet, an undrawn revolving credit facility of $500m, unencumbered aircraft with a value of over £4bn and a large valuable slot portfolio...
...Finally, RNS of the morning comes from Ascential (née Emap) and its handlers at FTI Consulting: Ascential plc (LSE: ASCL....
...So with rapid consumer behaviour changes being channelled towards a C&C model, it seems entirely possible that, post-COVID 19 resolution, momentum will switch within the industry from developing delivery...
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