Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on HORIZON DISCOVERY GROUP PLC. We currently have 61 research reports from 5 professional analysts.
|13Jan17 07:00||RNS||Additional Listing|
|06Jan17 01:26||RNS||Additional Listing|
|29Dec16 10:28||RNS||Holding(s) in Company|
|15Dec16 07:00||RNS||Additional Listing|
|02Dec16 11:30||RNS||Director/PDMR Shareholding|
|02Dec16 10:00||RNS||Director Dealings|
|16Nov16 07:00||RNS||HZD Enters Chinese Clinical Diagnostics Market|
Frequency of research reports
Research reports on
HORIZON DISCOVERY GROUP PLC
HORIZON DISCOVERY GROUP PLC
17 Jan 17
"In his first speech of 2017, Mark Carney was clear. "Households appear to be looking through Brexit-related uncertainties" he declared at the LSE yesterday, detailing his concerns that growth which is led by private consumption remains vulnerable to an inflationary spike fuels by Sterling weakness. While it is believed that the Bank of England will be prepared to let the economy 'run hot' for a brief period, should price-growth stay stubbornly above its 2% target, then it will be prepared to raise interest rates as sharply as necessary. Given that the Prime Minister is today also expected to lay out her 12 main negotiating objectives for the UK in pending divorce negotiations from the EU, with the expectation that business investment will remain relatively subdued as management await the final outcome of Article 50 discussions, this all suggests the UK could now be facing 2 years or more of below par growth. The Pound's weakness of the past few days is expected to intensify as markets recognise the increasing likelihood of a 'Hard Brexit', with Theresa May seemingly prepared to rule out membership of the Single Market in the hope she will instead be able to secure a unique, special relationship with the EU. This all sets a nervous scene for London's opening this morning, given that yesterday's Martin Luther King holiday means traders cannot rely on the US to set opening sentiment while Asian markets closed broadly weaker. The FTSE-100 is seen down around 15 points in early trade, although this will stay relatively light until the implications of the Prime Minister's speech have been fully digested. The UK also is scheduled to release a batch of December macro data this morning, including Retail, Consumer and Producer Prices, which may build upon the concerns highlighted by Mark Carney, while the EU is scheduled to publish its ZEW Economic Sentiment Survey as the World Economic Forum Annual Meeting gets underway in Davos. Speeches from Fed members, William Dudley and Lael Brainard are also anticipated this afternoon. UK corporates due to release earnings or trading updates this morning include Cairn Energy (CNE.L), Greggs (GRG.L), Hotel Chocolat (HOTC.L), Miton Group (MGR.L) and Provident Financial (PFG.L). Traders will also remain sensitive to certain majors reporting in the US this afternoon, including Morgan Stanley and Tiffany." - Barry Gibb, Research Analyst
17 Nov 16
"The Fed's Patrick Harker yesterday spelt out just how complex policy on interest rates has now become. Janet Yellen's own testimony this afternoon, which is seen as key to December's FOMC decision, will have to grapple with all the new uncertainties injected by the President-elect, ranging from regressive tax cuts, booming infrastructure spending, financial deregulation and cuts in federal spending. No easy task, even if the markets appear more convinced than ever that the first hike since 2006 will be delivered next month and that this will be the first of a series of such moves over the subsequent 18 or so months as inflation climbs. The recent phase of asset repricing, nevertheless, took a breather yesterday, with all principal markets making only fractional movements. The Dow Jones broke its record run to drift into the red as financials retrenched, while momentum in technology stocks meant the NASDAQ still managed to close modestly up. Asia also put in just marginal movements across the board, as oil prices went lower on weekly data detailing a large rise in inventories, while the Bank of Japan surprised traders with its plans to buy unlimited JGBs at fixed rates in its latest daily market operation. The latter, of course, being seen as it effort to ensure domestic rates do not find themselves shackled to the US T-bill's upward movements. Today, the UK is due to release retail sales figures while the CML provides mortgage lending data; Eurozone inflation numbers are also expected this morning. Clearly the principal event of the day, however, will be Janet Yellen's Testimony on Capitol Hill which is due to commence at 10:00hrs EST and likely overshadow speeches also due from the Fed's William Dudley and Lael Brainard; the US is due to release inflation, weekly jobless claims and export statistics this afternoon as well. Another busy day for UK corporates, with earnings or trading updates scheduled from the likes of CRH (CRH.L), Great Portland Estates (GPOR.L), Johnson Matthey (JMAT.L), Kier Group (KIER.L), Premier Oil (PMO.L), Royal Mail (RMG.L), Shanks (SKS.L), Ted Baker (TED.L), TT Electronics (TTG.L) and Watkin Jones (WJG.L). The FTSE-100 is expected to open virtually unchanged." - Barry Gibb, Research Analyst
Panmure Morning Note 16-11-2016
16 Nov 16
Horizon Discovery has announced yet another release relating to partnerships underpinned by its HDx Reference Standards products. This time, the company has entered into partnerships with three ‘leading Chinese diagnostic kit developers’. Under the terms of the agreements, Horizon will provide HDx Reference Standards for novel Next Generation Sequencing (NGS) assay development, clinical trials, and ultimately for inclusion as in-kit controls under Original Equipment Manufacturer (OEM) agreements.
N+1 Singer - Horizon Discovery Group - OEM agreement with CareDx
09 Nov 16
Horizon’s OEM agreement with CareDx represents a conversion of a previously announced research collaboration into a commercial supply agreement. We view today’s agreement as a further step towards establishing Horizon’s molecular reference standards as the industry standard. We retain our Buy recommendation and 194p target price.
N+1 Singer - Small-cap quantitative research - Momentum screen refresh + 10 focus stocks
12 Jan 17
We have refreshed our momentum style screen for the first time since inception on 26 July 2016. As before, the screen selects the 25 stocks exhibiting the most extreme momentum characteristics, according to our measurement method. From these we have selected 10 to focus on. Since inception the screen has underperformed both the main small-cap and micro-cap indices against a background of generally rising momentum. We have noted a subset of the basket, where decelerating momentum at the time of measurement appears correlated with significant share price falls since selection. We shall monitor this factor with the new screen, albeit there are only two such stocks showing this pattern, namely Lamprell (not rated) and Gear4music (not rated).
N+1 Singer - Morning Song 12-01-2017
12 Jan 17
As anticipated, the second half has again been stronger than H1 and results will be broadly in line with expectations. In line with this, the order book has continued to grow and is at record levels. This confirms that significant progress has been made in the Group’s shift towards its Technology Products division which, as targeted, contributed c.60% of group revenue in FY16. The small acquisition of Cable Power also gives a complementary boost to the product range. It is also worth noting the significant reduction in net debt, £1.0m ahead of our forecast. We remain supportive of the Group’s strategy and continue to see a bright future as this transition towards a design led technology solutions business continues. We look forward to more detail in March at the final results.
N+1 Singer - Best Ideas 2017 - Top picks
04 Jan 17
Today we publish our Best Ideas for 2017 - 12 stocks that we believe have excellent prospects in the current year together with a detailed discussion of what we see as the key sector and market themes for 2017. Our top picks are Cineworld, Elementis, Herald Investment Trust, Hill & Smith, IQE, MySale, Redde, ReNeuron, RhythmOne, SDL, Servelec and Severfield.
The Monthly January 2017
09 Jan 17
Despite all the hullaballoo of the Brexit vote and the subsequent election of Donald Trump as the next US President, the UK stock market prospered last year, especially in the latter few months of 2016. The combination of a depreciating currency – making $ earnings more valuable in relative terms - and the Trump emphasis on infrastructure expenditure drove the stock market higher
11 Jan 17
Joules Group (JOU): Strong festive trading (BUY) | Shoe Zone (SHOE): Tough FY16 could be just the beginning (HOLD) | H&T (HAT): Alternative lender emerging (BUY) | Omega Diagnostics* (ODX): ISO accreditation received for Pune, India (CORP) | Redcentric* (RCN): Interims – restoring forecasts (CORP)