Vodafone Revenue Tumbles in UK

Vodafone VOD seems to have got its wires in a twist which will not be a surprise to many of its customers, as it describes a fall in revenue of 6.2% in Africa, Middle East and Asia Pacific for the quarter to 30th June, as “strong growth”. A revenue fall of 3.2% for Europe is honoured with the title of “stable”, despite what that nasty regulator has done in stopping the roaming fees rip off.

Reported UK revenue seems to have left the chief executive speechless as it tumbled by 11.2%, or 3.2%, if you prefer your tumbles on a like for like basis. There was even an adverse impact of 5.3% from foreign exchange impacts, which in some companies would be taken as a reflection on managements ability to manage.

Heathrow SP Ltd is another one describing a 1% rise in revenue and a 0.6% rise in passengers, for the half year to the end of June, as a strong performance. The company is also pleased with a 1.7% rise in cargo.True,  adjusted EBITDA was up by 4% and retail revenue per passenger also rose by 8.7%. ( I wonder if this has anything to do with the fact that the rise in passengers was so tiny.)  Pre tax profit is expected to be up by 7.1%

Big Yellow Group BYG Revenue for the quarter to the end of June has risen by 10%, or 8% on a like for like basis, following a rise of 2.4% in occupancy rates.

 

CRH plc CRH First half group EBITDA should now exceed previous expectations of close to 1 billion Euro and reach 1.1 billion.

Find Villas & Houses For Sale In Greece;   http://www.hiddengreece.net

BlackCabbieTrader John Walsh – Trading idea for Friday 22nd July

bc-logo-web-versionBlackCabbieTrader John Walsh publishes tradingJohn2a ideas every day on his Routemaster blog on the blackcabbietrader.com website. His full watch list, exact entry points, stops loss placement etc. are all published in real time in The Knowledge area of the website.

Today’s trading idea for Friday 22nd July is Long CNP. More here

Brand CEO Alan Green discusses Watchstone Group (WTG) on the VOX Markets podcast

AGTipTVBrand CEO Alan Green discusses Watchstone Group (WTG) plus last week’s Momentous Event at the London O2 with Justin Waite on the VOX Markets podcast.

The interview is 11 minutes in. Click here to listen

BlackCabbieTrader John Walsh – Trading idea for Thursday 21st July

bc-logo-web-versionBlackCabbieTrader John Walsh publishes tradingJohn2a ideas every day on his Routemaster blog on the blackcabbietrader.com website. His full watch list, exact entry points, stops loss placement etc. are all published in real time in The Knowledge area of the website.

Today’s trading idea for Thursday 21st July is Long XRS. More here

BlackCabbieTrader John Walsh – Trading idea for Wednesday 20th July

bc-logo-web-versionBlackCabbieTrader John Walsh publishes tradingJohn2a ideas every day on his Routemaster blog on the blackcabbietrader.com website. His full watch list, exact entry points, stops loss placement etc. are all published in real time in The Knowledge area of the website.

Today’s trading idea for Wednesday 20th July is Long MPW. More here

BlackCabbieTrader John Walsh chats to Zak Mir on TipTV and looks at Garmin (GRMN) & Five Below (FIVE)

Today’s single stocks technical update with John Walsh, The Black Cabbie Trader, and Zak Mir, Technical Analyst at Zak’s Traders Cafe, featuring Garmin Ltd. (GRMN) and Five Below Inc (FIVE).

Advanced Oncotherapy (AVO) – Holdings in Company

AVO1

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
 ii

Advanced Oncotherapy plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

 

 

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

 

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights : 

Other (please specify):

 

 

3. Full name of person(s) subject to the
notification obligation:
 iii

Aviva plc & its subsidiaries

4. Full name of shareholder(s)
(if different from 3.):iv

Registered Holder:

Available on Request    7,068*

BNY Norwich Union Nominees Limited  160,341*

Chase (GA Group) Nominees Limited  1,725,415*

State Street Nominees Limited   328,573*

*denotes direct interest

Chase (GA Group) Nominees Limited     561,383

Chase Nominees Limited   122,170

Vidacos Nominees Limited     313,938

5. Date of the transaction and date on
which the threshold is crossed or
reached:
 v

14 July 2016

6. Date on which issuer notified:

18 July 2016

7. Threshold(s) that is/are crossed or
reached: 
vi, vii

4% to 3% Change at Direct Interest Level (Box 8A)

 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary Shares   GBP 0.25

GB00BD6SX109

Ordinary Shares GBP 0.01

 

82,999,045*

Ordinary Shares GBP 0.01

 

82,999,045*

3,218,888

2,221,397

997,491

3.91%

1.76%

Includes right to recall loaned shares (3,720)

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date 
xiii

Exercise/
Conversion Period 
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

RIGHT TO RECALL LOANED SHARES

N/A

N/A

78,148 *

 

         * Direct Interest

0.14%

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period 
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

3,297,036

5.81%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: 
xxi

The voting rights are managed and controlled by Aviva Investors Global Services Limited and Friends Provident International Limited, with the following chain of controlled undertakings:-

 

Aviva Investors Global Services Limited:

·      Aviva plc (Parent Company)

·      Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)

·      Aviva Investors Holdings Limited (wholly owned subsidiary of Aviva Group Holdings Limited)

·      Aviva Investors Global Services Limited (wholly owned subsidiary of Aviva Investors Holdings Limited)

 

Friends Provident International Limited:

·      Aviva plc (Parent Company)

·      Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)

·      Aviva Life Holdings UK Limited (wholly owned subsidiary of Aviva Group Holdings Limited)

·      Friends Life FPG Limited (wholly owned subsidiary of Aviva Life Holdings UK Limited)

·      Friends Life FPL Limited (wholly owned subsidiary of Friends Life FPG Limited)

·      Friends Life Limited (wholly owned subsidiary of Friends Life FPL Limited)

·      Friends Life and Pensions Limited (wholly owned subsidiary of Friends Life Limited)

·      Friends Provident International Limited (wholly owned subsidiary of Friends Life and Pensions Limited)

 

Proxy Voting:

10. Name of the proxy holder:

See Section 4

11. Number of voting rights proxy holder will cease
to hold:

12. Date on which proxy holder will cease to hold
voting rights:


13. Additional information:

Figures are based on a total number of voting rights of 56,780,361as per the Company’s ‘Result of AGM and share consolidation’ announcement of 30 June 2016.

14. Contact name:

            Neil Whittaker, Aviva plc

15. Contact telephone number:

            01603 684420

BlackCabbieTrader John Walsh – Trading idea for Tuesday 19th July

bc-logo-web-versionBlackCabbieTrader John Walsh publishes tradingJohn2a ideas every day on his Routemaster blog on the blackcabbietrader.com website. His full watch list, exact entry points, stops loss placement etc. are all published in real time in The Knowledge area of the website.

Today’s trading idea for Tuesday 19th July is Long GRMN. More here

Bloodletting at Stanley Gibbons

Stanley Gibbons SGI today issues an update on the night of the long knives which has cut a swathe through the board and senior management.

Firstly out go the auditors, replaced by a new lot who are not happy that the way in which revenue was previously recognised, was “appropriate”. To allow them to get to grips with things, the annual results for the year to 31st March are having to be delayed.

The company is reconsidering the benefits of offshore status and has decided that the Executive Board should have more UK emphasis, so it is redundancy for the Chief Executive and chief Financial Officer, The group MD appointed on the 31st May has today joined the board and becomes Chief Financial Officer, whilst another newbie, Harry Wilson who joined the board on the 17th May, become Executive Chairman. The former Chairman who stepped down on the 17th May has now resigned from the board,  joined by a non executive director who resigns with immediate effect.

Andrew Cook, the author of today’s update can not avoid a certain amount of double think as he proclaims in one breath that the roles of Chief Executive and Chief Financial Officer will become redundant and then immediately announces the appointment of a new Chief Financial Officer. Just guess who it is. Its himself of course.

The new Chairman does have the grace to admit that the restructuring is “unsettling” for all concerned which will perhaps go down as one of the understatements of the year. Some may have regarded devastating as a more appropriate description.

It certainly makes Brexit politics look clean and simple.

One of the few cheering factors in the update is that at least the cost reduction target, has already been exceeded.

Find Villas & Houses For Sale In Greece;   http://www.hiddengreece.net

BlackCabbieTrader John Walsh – Trading idea for Friday 15th July

bc-logo-web-versionBlackCabbieTrader John Walsh publishes tradingJohn2a ideas every day on his Routemaster blog on the blackcabbietrader.com website. His full watch list, exact entry points, stops loss placement etc. are all published in real time in The Knowledge area of the website.

Today’s trading idea for Friday 15th July is Long CL. More here

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