Good morning from Paul & Graham!
A huge thank you to Roland who did a brilliant job holding the fort yesterday. Unfortunately I lost my flat keys over the weekend in London, came home late on Monday unable to get into my own home due to lack of available locksmiths. So I had to book into a local budget hotel, and got caught up in a coach party of pensioners, on a 1950-60s rock 'n roll themed seaside break, singing along to Eddie Cochran and the like in the hotel bar, performed by a one-man tribute act who could sing, play the guitar, and do an occasional flourish on the keyboard too. Not bad, but also not how I had planned my evening. Anyway, I eventually got into my flat late morning yesterday, having been relieved of nearly £300 by the locksmith, which was fair enough as he was here a while. At least the hotel did a good full english, the only highlight in an otherwise stressful & unproductive day for me.
Roland very much rescued things, with summary coverage of a large list of companies reporting, and some main sections too. Great work Roland!
Explanatory notes -
A quick reminder that we don’t recommend any shares. We aim to review trading updates & results of the day and offer our opinions on them as possible candidates for further research if they interest you. Our opinions will sometimes turn out to be right, and sometimes wrong, because it's anybody's guess what direction market sentiment will take & nobody can predict the future with certainty. We are analysing the company fundamentals, not trying to predict market sentiment.
We stick to companies that have issued news on the day, with market caps (usually) between £10m and £1bn. We usually avoid the smallest, and most speculative companies, and also avoid a few specialist sectors (e.g. natural resources, pharma/biotech, investment cos). Although if something is newsworthy and interesting, we'll try to comment on it. Please bear in mind the "list of companies reporting" is precisely that - it's not a to do list. We typically cover c.5 companies per day, with a particular emphasis on under/over expectations updates, and we follow the "most viewed" list of readers, so if you're collectively interested in a company, we'll try to cover it. Obviously with the resources available, we can't…
