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Research, Charts & Company Announcements

Research Tree provides access to ongoing research coverage, media content and regulatory news on Webis. We currently have 2 research reports from 1 professional analysts.

Open
N/A
Range Today
N/A
52 Week
1.10/3.50p
Daily Volume
N/A
# Shares
393.6m
Daily Liquidity
(0.01%)
Pension Liability
£0m
Enterprise Value
£-7.97m
Market Cap
£4.33m
Latest PE (hist)
32.78
Div Yield

Latest News/RNS

(more news)
Date Source Announcement
23Sep19 13:00 RNS AIM Rule 17 Notification
28Aug19 07:00 RNS WatchandWager Renews Key USA Licenses
17Jun19 07:00 RNS Holding(s) in Company
05Jun19 07:00 RNS WatchandWager renews contract with Hong Kong JC
30Apr19 07:00 RNS Webis agrees further Term Loan for USA Bonds
27Feb19 07:00 RNS Interim Report
22Feb19 07:00 RNS WatchandWager renews key California license
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  • Frequency of research reports

     

  • Research reports on

    Webis

  • Providers covering

    Webis

  • 16 Oct 19

Improved traffic in Q4 and better efficiencies expected in FY2020

Asos has managed to solve its operational warehousing problems and buoyed up its traffic in Q4. Sales were up 15% in Q4 and 12% in FY19. Total orders placed increased by 14% and the number of active customers was up 10%.

Companies: ASOS
  • 11 Oct 19

Positive Trading Update

Dart Group has released a positive trading update indicating booking trends have continued to strengthen, boosted by later season bookings, and that the Board believes market expectations for FY20 PBT will be exceeded. There had been indications from other market players that demand had been strengthening in the later season and this announcement suggests Jet2 has been well positioned to capture the upside. Reiterate Buy.

Companies: Dart Group
  • 17 Oct 19

Big Move

The proposed acquisition of the US Marshall Retail Group indicates that the Travel business here is moving into a much different position with accelerated global aspirations. Sight unseen it also clearly increases the risk profile of the group at a time of a change of senior management. We would imagine that the timing of the deal has been driven by availability and as such is not entirely as WHS would have wanted. This said one of the constraints on the scale of the international part of WHS’s Travel business has been the rate of organic growth available through bidding for individual or groups of travel concessions.

Companies: WH Smith
  • 11 Oct 19

Strong online showing leads to profit upgrade

GVC reported good Q3 19 numbers, with total NGR declining by 2%, on a cc basis. The strong performance was driven by online (11% cc with gaming up 7% and sports up 15%, which offset the weak UK retail (-18%) and European retail (-5%). Management has upgraded its FY 19 EBITDA guidance to £670-680m (from £650-670m earlier) on the back of the strong performance. Following the good numbers, we will be making minor upgrades to our estimates as well as the target price.

Companies: GVC
  • 16 Oct 19

LIBERUM: Loungers* - Consistently outperforming, forecasts firmly underpinned

Loungers’ momentum continues with LFL sales growth outperformance and new openings on track with 157 sites now trading. Total sales have grown by 22% in 1H20E with LFL sales growth of 5.4% (vs market 1.1%).

Companies: Loungers
  • 23 Jul 19

Quarterly Research Outlook - Summer 2019

In January, we provided a list of 11 stocks for 2019 that we believed would perform strongly with attractive catalysts that could lead to material outperformance. In this Quarterly Research Outlook, we revisit these views, analysing what has happened and how the remaining six months of the year could play out.

Companies: AMS ANX ARS ATYM AVON BLVN PIER BUR CGS CAML CALL CSRT TIDE CYAN DTG DEMG ELM EMR FPO FST GTLY GENL GRI GEEC GKP HMI HAYD HEAD HILS HTG HUR HYR IBPO IOG INDI JHD JOG KAPE KEYS KCT KGH LAM LIT LOK MACF MANO PCA PANR PXC PHC PMO RBW RMM REDD RSW RNO RKH RBGP ROR SUS SCPA SHG SOLG SOM TWD TRAK TSG TRI VNET VTC ZOO ZTF

  • 03 Oct 19

THE MONTHLY October 2019

Since their privatisation in 1989, the 10 water companies have faced a periodic review every five years; it is undertaken by Ofwat, and prescribes customer prices, along with the investment requirements. As part of the ongoing review, PR19, Ofwat will publish its Final Determination numbers on 11 December 2019; they will apply as from April 2020, although water companies do have the option to seek a reference to the CMA.

Companies: AJB AGY ARBB CLIG DNL DPP FLTA GTLY GDR KOOV MCL MUR NSF PCA PIN PHP RE/ RECI RMDL STX SCE SIXH TON SHED VTA W7L

  • 15 Oct 18

Set-back creates buying opportunity

Quiz’s warning came as a shock, particularly so soon after a positive AGM update. Our post mortem reveals the revenue shortfall is almost entirely due to the erratic demand dynamics of its 3rd party online web partners. Each key partner appears to have experienced unrelated drops in growth beyond the unseasonal transition from summer to autumn. Rather than being Quiz led, whose own performance online and in-store has remained strong, these were factors outside its control. Downgrades of c35% now strip out all growth from these partners but we would not be surprised to see growth reappear if/when partners address the issues. Buy on this set-back.

Companies: Quiz Plc
  • 08 May 19

Robust performance despite rate environment

Elegant has this morning announced H1 results that should position it well to deliver market expectations. There was a marginal decline in ADR offset by slightly higher levels of occupancy, delivering a 1.0% increase in RevPAR. We are tweaking down our forecasts to move in line with the lower end of the consensus range to reflect a tougher rate environment driven by increased competition in the all-inclusive segment of the market as well as increased VAT. That said, we believe the shares represent good long-term value, trading at a 54% discount to NAV, with a yield of 5.7%.

Companies: Elegant Hotels Group
  • 02 Jul 19

Where’s the Value?

Warren Buffett once said that as an investor, it is wise to be ‘fearful when others are greedy and greedy when others are fearful’. Fear is not in short supply right now.

Companies: OPM ALU ANCR BLV CONN CRC STU GATC HAT LEK MMH MCB MWE NXR NTBR NOG PAF PEG RFX SRC TEF TEG TPT VTU WYN XLM

  • 16 Jul 19

Results ahead of expectations, positive outlook


Companies: Fulham Shore
  • 22 Jan 16

Good sports

JD’s P/E ratio appears reasonable relative to those of other UK retailers of young fashion with international ambitions. However, it is almost twice the level of rival Sports Direct’s (SPD). While there are justifications for a healthy premium, it is likely to act as a brake on the valuation, as will the low dividend yield.

Companies: JD Sports Fashion
  • 16 Sep 15

Strong H1 growth highlights gains via organic and market growth trends

JD has delivered an excellent first half result, ahead of our forecast – although, it should be noted that in the absence of any performance details having been released in H1, forecast visibility was low. The beat against our estimate stemmed from the core Sports fascias. The combination of operational initiatives and positive end market trends suggests to us that forecast risk could still be to the upside there. Outdoor is still loss making and continues to carry surplus A/W14 stock, but changes there suggest it is on track for a return to profit in FY17. Overall the business is in good shape and investing heavily both in the UK and overseas. Visibility and disclosure on all the moving parts is low, though, which is why we are currently unable to recommend the shares to new buyers. Maintain Hold.

Companies: JD Sports Fashion
  • 20 Aug 15

What we do in life Eckoh's in eternity, Avanti reaches for the sky, Platform change for Hornby, Mariana glitters

AVN Financing, BLU Timeline and Results, ECK Contract Wins, FITB Placing, Subscription and Convertible Loan Note, HRN Admission to AIM, MARL Estimate, MMH Interim Results, MXO Mexico Update, NET Contract Win, PLI Q2 Results and Highlights, SVR Contract Win, TRCS Trading Update, UNG Launch, VENN Trading Update

Companies: AVN BLU ECK HRN MMH MXO PLI SVR TRCS UNG ORPH NET MARL BIDS

  • 23 May 18

Groundhog day as HFD guides to another flat year

We called the stock wrong ahead of these prelims. Instead of market forecasts being upgraded, fresh guidance has led to downgrades. While frustrating for expectant shareholders, this is not a profit warning but a ‘delay’ in the recovery of lost margin (FX mitigation), and an ‘acceleration’ of investment into services and customer capability which should generate a return in outer years. Pending the new CEO’s strategic update in Sept, though, Halfords growth plans in FY20/FY21 are unclear. Including nil growth in FY1, our new forecasts suggest a 6% 3-yr EPS CAGR. Until there is clarity the market will sit on its hands, and collect a 5.3% yield (or 3.5% on the final) in the meantime. To reflect this flat near term growth dynamic, our reduced 12-month target price of 350p is based on a 25% sector discount (6.0x EV/EBITDA). Hold.

Companies: Halfords Group