Marks & Spencer+ (MKS, House Stock at 255p) - 7Y FS HSBC UK tie-up– another brick in the wall

Marks & Spencer+ (MKS, House Stock at 241p) - Leadership evolution and Nobody's Child expansion

Marks & Spencer+ (MKS, House Stock at 251p) - Sustaining momentum in food

Marks & Spencer+ (MKS, House Stock at 278p) - Strong momentum & share gains: 3% PBT upgrade

Marks & Spencer+ (MKS, House Stock at 255p) - Appalling Gove further burdens court system

Marks & Spencer+ (MKS, House Stock at 255p) - Still in the foothills of potential

Better operating efficiency

M&S published an outstanding profit progression in the H1 23/24, smashing the consensus expectations. The group’s long-term business reshaping has started to bear fruit in the form of strong volume and market share increases in the food business while the improved style in the C&H business along with a modernized supply chain led H1 23/24 adjusted pre-tax profit to jump by 75% relative to last year. M&S has decided to resume a modest dividend with an interim dividend of 1 p per share (the grou

Marks & Spencer+ (MKS, House Stock at 225p) - H1 FY24 -’Blown the bloody doors off!’ Moreupgrades!’

Marks & Spencer+ (MKS, House Stock, 233p) -“Significant” H1 FY24F growth expected– further upgrade potential

Marks & Spencer+ (MKS, House Stock at 224p) - Elevation to FTSE-100

Marks & Spencer+ (MKS, House Stock at 220p) - Liverpool One store photo-pack

Marks & Spencer+ (MKS, House Stock at 205p) - Impromptu trading statement - 9% upgrade!

Marks & Spencer+ (MKS, House Stock at 207p) - Mid-summer SPARKS - 6% PBT upgrade!

Marks & Spencer+ (MKS, House Stock, 205p) - Marble Arch

Well positioned for future success

Strong performance against tough market conditions

LIBERUM: The Liberum Leisure Digest: NLW increase - pricing power is key

Initial Equity Trading Comments - 19 February 2024

Pinewood Technologies (PINE LN) - Driving growth in automotive software

Pinewood’s transition to a pure-play automotive SaaS business is now largely complete. Today we introduce summary forecasts out to FY26 and reiterate the investment case. We see significant opportunity for Pinewood to grow its user base in the UK and internationally whilst generating high EBITDA margins and cash conversion. With a 24.5p special dividend embedded in the current price (payable Q1/Q2), the effective price today is 12.3p. Based on the Group’s FY27 target of £27m EBITDA, we estimate

Domino's Pizza - Growing the base

Domino’s Pizza Group’s (DOM’s) new CEO has set an ambitious long-term growth target, including an acceleration in its net store opening programme. With better alignment between the company and its franchisees, management believes DOM should be capable of generating improved profit growth, versus that achieved in recent years, and potential higher returns.

Zeus Top Picks for 2024 - 2023 review and outlook for 2024

On 9 January last year, we set out our ten top stock picks for 2023, for what turned out to be another relatively poor twelve months for UK equities due to two wars, stubbornly high inflation and further tightening of monetary policy. This was even as other major markets, such as the US, largely recovered in the year. In the 2023 calendar year, the AIM All-Share index fell 8.2% and is still 42% off its 2021 high. From the release of our 2023 top picks note, the average total return (assuming div

PROGRESSIVE: Vertu Motors: Traction control

Vertu is the fourth largest automotive retailer in the UK, with 188 sales outlets and a track record of cross-cycle growth, principally through businesses it has acquired, funded by equity, debt and most importantly cash generation. Vertu operates across the entire vehicle lifecycle, including new and used vehicle sales, and vehicle servicing, repair and parts. Service and repair is a 40+% gross margin repeating business. With economic headwinds, the transition to electric vehicles, recent overs

LIBERUM: Safestay: First management contract opens up new revenue stream

Hybridan Small Cap Feast - 17 April 24

17th April 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced Dish of the day Admissions: Delistings: What’s baking in the oven? ** Potential**** Initial Public Offerings: Reverse Takeovers: 16 April 2024: Electric Guitar (ELEG.L) Concurrent with its Admission to trading on AIM, Electric Guitar is proposing to acquire the entire issued share capital of 3radi

React Inititation of Coverage

React Group is a well-managed, growing UK services business with a high degree of recurring revenues (c87%).

SSP Group+ (SSPG, House Stock at 218p) - Further progress expected in H1

PROGRESSIVE: Zoo Digital: Recovery underway and a significant contract

Today’s trading statement from ZOO highlights a ramp-up in demand following the end to the industry-wide strikes of last year. ZOO struck a note of caution in its January update regarding the timing of orders. However new productions are starting to translate into a healthy order pipeline, with a good recovery in revenue anticipated in H1 FY25. The update guides to revenue of at least $40m for the year to March 2024, ahead of our estimate at $36.8m. We have improved our adjusted EBITDA loss marg

ME Group - Modernising and growing the estate driving growth

During 2023, ME Group commenced the deployment of its next generation photobooths, which are integrated with the group’s newly developed proprietary software, gained market leadership in the Japanese photobooth market with an acquisition, continued to roll out laundry units with existing and new location partners, commenced a share buyback programme and gained entry into the FTSE 250. 2023 was a year of significant strategic and financial progress, with sales up 15%, EPS up 31% and net cash main

Inchcape (INCH LN) - Strategic progress, strong returns

Inchcape’s interim results for the period to 30 June show strong revenue and profit increases, supported by major acquisitions and robust organic growth. The Group’s market-leading, digital-led approach continues to drive positive trading momentum. Inchcape expect FY23 results to be at the top end of current consensus ranges, so we upgrade underlying PBT estimates by 2.8% to £500.8m and see further potential for high quality earnings growth. Trading on 9.3x FY23 earnings, we think Inchcape share