Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on AMEDEO RESOURCES PLC. We currently have 1 research reports from 1 professional analysts.
|19Jan17 16:10||RNS||Acquisition of 2.5% stake in Copper Mine|
|11Jan17 15:13||RNS||Loan facility provided to MGR Resources Pte Ltd|
|21Dec16 14:48||RNS||Update on Le Tourneau Super 116E Class rig|
|22Sep16 15:52||RNS||Interim Results - six months ended 30 June 2016|
|08Jul16 15:04||RNS||Result of AGM|
|14Jun16 07:00||RNS||Final Results for the year ended 31 December 2015|
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Research reports on
AMEDEO RESOURCES PLC
AMEDEO RESOURCES PLC
15 Jun 16
"Following yesterday’s Brexit-led sell-off, London equities are expected to rebound modestly this morning with the FTSE-100 seen gaining around 15 points on the opening. Driving the market fears home, Chancellor George Osbourne cited the prospective need to plug a £30bn gap in the public finances that could be created by a British exit, pointing at emergency tax increases together with fresh spending cuts. The ECB has apparently already prepared steps to provide additional liquidity to the UK financial markets given such an outcome, as pressure on Sterling and the Euro send US and Japanese currencies higher while their government bond yields test fresh lows and Germany’s 10-year yield fell into negative territory for the first time. Picking up the mood, all principal US indices tracked modestly downward, with the S&P suffering its largest four-day decline since February as investors wait for the Fed’s interest rate decision this afternoon. Asia was gently mixed, with the Shanghai and Nikkei leading gains in the absence of specific corporate drivers. Data watchers should anticipate release of UK monthly unemployment figures this morning, followed by US PPI this afternoon along with the Federal Reserve Interest rate decision and economic projections, which are due to be followed by a press briefing from Chair Janet Yellen." - Barry Gibb, Research Analyst
21 Feb 17
Lighthouse Group* (LGT): Middle Britain growth (CORP) | Utilitywise* (UTW): Double-digit sales growth (CORP) | Trakm8* (TRAK): Earnings expectations cut again (CORP) | dotDigital* (DOTC): Myriad growth opportunities (CORP) | Artilium* (ARTA): Five-year Telenet deal secured and prepaid (CORP) | Netcall* (NET): Cloud investment pays off (CORP)
Industry fundamentals remain positive
21 Feb 17
The Biotech Growth Trust (BIOG) is a specialist vehicle, aiming to generate long-term capital growth via investment in global biotech stocks. Following a particularly volatile period for the biotech industry, where concerns about drug pricing and investor risk aversion have weighed heavily on stock prices, the managers are hopeful that greater clarity regarding US healthcare policy will lead to continued improved performance of biotech stocks. Industry fundamentals remain attractive, including continued innovation and valuations are very supportive, which offers the potential for higher industry merger and acquisition activity.
Middle Britain growth
21 Feb 17
The Company has achieved our 2017 estimate in 2016 with EBITDA of £2.2m, up 37% on 2015. We upgrade our estimates by 10% at the EBITDA level in 2017. If the shares traded even at the lower end of comparators, they would trade at 17p. We expect the share price to reach our upgraded 17p price target in the short term. Few companies enjoy the unique positioning which Lighthouse has to benefit from the assets of Middle Britain.
Marked confidence in profitability resilience
22 Feb 17
LBG posted a good set of results at the operating level. Management showed its confidence in the group’s ability to protect its indecent profitability levels over the next three years by recommending an increased ordinary dividend and the payment of a special dividend, and by setting a stable return on required equity objectives.
N+1 Singer - Morning Song 21-02-2017
21 Feb 17
Abzena (ABZA LN) Contract bookings strong; US costs higher than expected | City of London Investment Group (CLIG LN) Earnings and interim dividend in line, some modest growth in FuM | dotdigital Group (DOTD LN) Good H1; broadening avenues of growth | Grafenia (GRA LN) Weak print volumes | Vernalis (VER LN) Interims highlight increasing Tuzistra™ scrip volume
Lloyds, Best Of The Banks
23 Feb 17
Lloyds Banking Group PLC (LLOY) reported a strong result for FY-16, which has allowed it to pay a special dividend, plus has encouraged the UK government to reduce its stake in the bank to below 5%. Lloyds’ acquisition of the MBNA credit card business is proceeding on track, with all key M&A metrics being well satisfied. The outlook for Lloyds’ capital base, its profitability and thus the dividend prospects have all improved. This encourages us to ascribe a Buy rating to the stock, with a target price of 80p per share, derived from a prospective Price / Book value of 1.3x and a P/E ratio of 13x which we think are justifiable ratios.