Hints and tips:
...VSA Capital: monkey business Celebrations this week at VSA Capital, the small-cap investment bank run by veteran broker Andrew Monk....
...It urged those using the compromised “VSA server” tool, which provides remote monitoring and patching capabilities, to shut it down immediately....
...Using palm-based biodiesel increases Indonesia’s demand for the commodity as well as reducing the country’s import bill for fuel, said Edward Hugo, analyst at brokers VSA Capital....
...Still, analysts at VSA Capital Research in London said Ganfeng’s purchase is a vote of confidence in the lithium market....
...Mifid has made it really difficult and tiring,” said Andrew Monk, the chief executive of City broker VSA Capital and sector veteran. “We’re all in our mid-50s, owning these businesses....
...“The currency weakness comes on the back of shock figures on Thursday,” said Edward Hugo, head of research at VSA Capital in London....
...“China is moving towards a more consumer-led economy driven by service sector growth over the next decade,” said Sheldon Modeland, at VSA Capital....
...“While I am led to believe they have the cheque book out for acquisitions in Europe it may not be Kentz that they are looking at,” the VSA analyst said....
...Malcolm Graham-Wood, analyst at VSA Capital said: “The 2015 target, which I have to admit that I felt would be achievable with some ease, is going to be a titanic struggle.”...
...The maths of such a deal looked challenging given Foster Wheeler was already trading at a higher valuation than Amec, having risen 50 per cent since August, said Malcolm Graham-Wood of VSA Capital....
...Malcolm Graham-Wood, analyst at VSA Capital, described the update as positive “The only downside is the share buyback scheme, which we are not fans of generally....
...With two oligarchs taking effective control of Exillon with more than 50 per cent between them, minority shareholders could be offered a lower price in the event of a sale, said VSA Capital....
...VSA’s shares must be delisted and taken off Aim....
...Afren was “effectively warning the market that production will be lower by the end of this year,” said VSA Capital....
...According to VSA Capital, the result “confirms TGT’s status as a world class asset” and “will further increase the attractiveness of the company to any buyer, most probably from the East”....
...“GKP isn’t the only player in town any more,” said VSA Capital....
...Malcolm Graham-Wood, analyst at VSA Capital, said: “These results confirm that Kentz is not only performing but is also attractive as a takeover target.”...
...Malcolm Graham-Wood, analyst at VSA Capital, said on Monday that ahead of confirmation of the approaches, between a quarter and a third of Kentz’s equity value had been underpinned by its net cash position...
...The combination is “as good as it is going to get”, according to VSA’s Malcolm Graham-Wood....
...VSA’s Malcolm Graham-Wood says the understated Swiss chief executive “placed big bets and delivered”....
...At 572p the multiple of forecast earnings is around 13.5 times according to VSA, average for the sector....
...He “ticked all the boxes,” says Malcolm Graham-Wood of VSA Capital. “[He’s] a company lifer, and more importantly, Dutch.”...
...Andrew Raca, Co-Head, Corporate Finance, VSA Capital, London EC2, UK...
...“I think they’re being overly altruistic,” said Malcolm Graham-Wood of VSA Capital. “True, their performance was atrocious last year, but they’ve made a fortune for shareholders over the years.”...
...Malcolm Graham-Wood, of VSA Capital, said the news on Chia Surkh and Tawke “only serve to increase the discount that the company [Genel] trades to its potential value”....
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