Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on STRAT AERO PLC. We currently have 7 research reports from 1 professional analysts.
|19Jan17 11:00||RNS||Holding(s) in Company|
|22Dec16 05:53||RNS||Result of General Meeting|
|22Dec16 03:36||RNS||REPLACEMENT: Holdings in Company|
|22Dec16 10:35||RNS||Holdings in Company|
|01Dec16 01:00||RNS||Holding(s) in Company|
|30Nov16 07:00||RNS||Total Voting Rights|
|28Nov16 05:02||RNS||Notice of GM|
Frequency of research reports
Research reports on
STRAT AERO PLC
STRAT AERO PLC
25 Nov 16
"With US markets closed yesterday for Thanksgiving and in the absence of significant overnight news, Europe is expected to have a quiet opening this morning with the FTSE-100 seen just 5 points either side of unchanged in early trading. Markets across Asia ended fractionally higher with even the Shanghai Composite moving positive after falling sharply in opening trade, as conflicting views of regarding the potential impact of tariffs on Chinese imports proposed during Trump's electoral campaign and optimistic scenarios that China now finds itself ideally placed pick up the TTP baton that will be dropped on his first day in office, circulated. Elsewhere in the region, the Nikkei set the early pace with the Yen hitting an eight-month high against the US$, along with similar weakness against the basket of other major Asian currencies, boosting competitivity for this export-led economy. Japanese consumer prices fell by 0.4% in October, although this eight-consecutive decline was in line with consensus and smaller than the 0.5% reported for September. Given also that the ECB is now thought likely to not only continue its EUR80bn monthly asset purchase but also to extend the program out to September 2017, the continuing ascent of the US$ ahead of the Italian Referendum and run-up to the French presidential election, now has forex traders are suggesting parity could between the two currencies could be achieved early in the New Year. Oil meanwhile remained subdued ahead of the OPEC meeting scheduled for 30th November, while Gold fell back again on dollar strength and reduced Indian buying. UK macro releases due today include the second GDP estimate, the CBI Quarterly Distributive Trades Survey and the Hometrack UK Cities House Price Index. Just a few, mostly smaller UK corporates are also due to report earnings or provide trading updates this morning, including Fastjet (FJET.L), Triad Group (TRD.L), Pennon (PNN.L) and Zambeef Products (ZAM.L). Traders will also remain sensitive to further reports from the Western allies who have been pressing Iran for several months for a firm commitment to proceed with proposed cuts to its enriched uranium stockpiles, for fear that otherwise these sensitive negotiations could be scuppered upon Trump's move to the White House in January." - Barry Gibb, Research Analyst
03 Oct 16
"Notification by Prime Minister Theresa May on Sunday that the UK's divorce proceedings from the EU will commence before end-March 2017 further knocked an already weak Sterling. The Pound remains the principal casualty of international uncertainty, ending the third quarter down 2.5% against the US dollar having now recorded its fifth consecutive quarterly loss in a row. This weakness is likely to be sustained up to and possibly beyond the point of the Government formally triggering Article 50, following which a two-year period of negotiations over the terms of the split commences and during which time spin from media and market pundits will likely centre on the potential for calamity and long term business impact of a hard landing. For now, however, domestic equities are more likely to simply bask in accrued trade and translational benefits. With the overnight markets closing strongly right across the board, with forex moves providing almost immediate benefits for the FTSE-100 whose blue-chip earning are more than 70% derived internationally, meaning principal index is seen opening 10 or so points higher in early morning trade. The Dow Jones Industrial Average on Friday ended up 0.9% supported by energy and banking stocks, leaving the benchmark index 2.1% higher on the quarter and up 5.1% so far this year. The S&P 500 climbed 0.8%, while the tech-heavy Nasdaq climbed similarly, having chalked up its best quarter since 2013 with a rise of 9.7%. Without a story of its own, Asia largely followed suit with the Hang Seng and Nikkei both registering gains of over 1% on good volumes, while the Shanghai Composite remained closed and the commodity-led ASX also followed crude's strong run during New York hours. The UK today is due to release Manufacturing PMI data, while Chancellor Philip Hammond is due to address the Conservative Party Conference. He is due to help Mrs May set the stage for Britain's separation from the EU and will reportedly state his intention to abandon his predecessor, George Osborne's, target of achieving a surplus by the end of the current parliament. His willingness to take his foot off 'the austerity pedal', with increased infrastructural spending and other stimuli to generate activity and employment will likely be well received by the markets, although any such gains may in turn just be given back through Sterling weakness. Markets today will also remain aloof for further confirmations regarding much reduced US penalty for Deutsche Bank, imposed for incorrectly selling mortgage-backed bonds, as suggested in the weekend FT which sees a lower US$5.4bn deal to replace the initial US$14bn demand. Such news will likely provide a further boost to European banking shares which were already partly anticipating such an outcome on Friday. UK corporates including DXS International (DXSP.L), James Halstead (JHD.L) and Seeing Machines (SEE.L) are due to report earnings." - Barry Gibb, Research Analyst
09 Sep 16
"Overnight markets ended mostly weaker in relatively quiet trading. The principal drivers were yesterday's decision by the ECB to leave its €1.7 trillion stimulus package unchanged and a continuing sell off of technology stocks, following Apple's launch of its rather less than inspiring iPhone 7 and Hewlett Packard Enterprise's plan to spin off and merge most of its software operations with the UK's Micro Focus international (MCRO.L). As a result, the NASDAQ took the biggest hit amongst the main US equity indices, while elsewhere energy stocks took confidence from the largest one-day gain in the benchmark Nymex contract for almost six months after the US Energy Information Administration data revealed the steepest fall in crude stockpiles since 1999. Interesting also, the Fed Funds futures appear to finally be forming a consensus regarding rate expectations, with bets now indicating the chance of a September rise has fallen to just 24%, while expectation of one in December is now put at 60%. The Hang Seng was the only winner amongst Asia's major equity markets, celebrating news that the Chinese regulator had finally confirmed it will allow domestic insurers to invest in Hong Kong-quoted shares through a trading link with Shanghai. This further opening follows last month's go-ahead for the Shenzhen-Hong Kong Stock Connect, which is due to open by the end of this year and create a second portal for foreign investors looking to access China's US$6.5tn equity market. This news was tempered on the Composite index, however, as CPI data released for August showed prices slowing for the fourth month in a row and remaining firmly below Government target. The UK this morning is expected to provide Trade Construction figures, while EU finance ministers will meet in Bratislava to discuss, amongst other things, the ECB's continuing policy inaction. The Fed's Eric Rosengren is scheduled to make a speech this afternoon which could further help traders firm expectations regarding the FOMC meeting now due in less than two weeks. Corporates due to release earning figures this morning include Comptoir Group (COM.L), Richoux Group (RIC.L) and JD Weatherspoon (JDW.L). Investors will also remain sensitive to further disclosures regarding North Korea's reported fifth nuclear test this morning and the planned meeting between Saudi, Algerian oil ministers and OPEC's general secretary. The FTSE-100 is seen modestly weaker, losing perhaps 10 points in opening trade." - Barry Gibb, Research Analyst
01 Jul 16
"Sterling remains under pressure following suggestions of a summer easing by Mark Carney, the Governor of the Bank of England, during his speech yesterday afternoon. It touched a 30-month low against the Euro, while US dollar rates have only bounced modestly from the 31-year bottom reached on Monday. This, of course, is providing more power to the FTSE-100 blue-chips, who generate over 70% of their earnings overseas, that will see significant translational and activity benefits as a result. The FTSE-100, which closed yesterday 3% above its pre-Brexit level, is expected to gain a further 59 points on this morning's the opening. Europe's principal indices are also seen moving ahead, despite the S&P downgrading the European Union by one notch to AA overnight, principally due to knock-on effects of the UK vote. US indices remained buoyant following London's close, as the Fed's James Bullard reflected on how markets had coped well with the Brexit shock, concluding that it is unlikely to seriously derail either the US or the global economy. Asian equities were similarly higher during early morning trade on Friday, with both the Nikkei and Shanghai composite index rising despite Japanese consumer prices for May falling again and China's official manufacturing PMI for June reportedly dipping to a 4-month low. Macro releases due this morning include Manufacturing PMI surveys from the UK, Germany and Eurozone. Later, a speech from the Fed's Loretta Mester is also expected. No major UK corporate results are expected, although Trinity Mirror is scheduled to provide a trading statement." - Barry Gibb, Research Analyst
The Slide Rule
12 Jan 17
What is The Slide Rule? The Slide Rule has been designed to dramatically simplify the identification of the best companies in the UK small/mid-cap sector by making a quantitative assessment of the relative potential of each company. At its core, The Slide Rule aims to identify those companies that create genuine shareholder value through strong returns on capital and solid growth, but also present a value opportunity with the potential tailwind of earnings momentum. Companies are assessed within a Quality, Value, Growth and Momentum (QVGM) framework.
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
16 Jan 17
We take a look at the rankings of the various countries in Africa that have a significant exposure to mining. We take the Transparency International corruption rankings as our starting point and modify these for exceptional geology and for current UK government travel warnings. Ghana, Botswana and Namibia come out as our top three, with Eritrea, Kenya and Zimbabwe at the bottom of our rankings.
Small Cap Breakfast
17 Jan 17
Global Energy Development (GED.L) — To be renamed Nautilus Marine Services. Schedule 1 from developer and seller of hydrocarbons and related products. Reverse takeover. Raising $10.5m via a convertible. Expected 9 Feb. Eco (Atlantic) Oil & Gas—TSX-V listed oil and gas exploration has announced its intention to float on AIM. Assets in Guyana and Namibia. Proposed £2m-£3m fundraise. Diversified Gas & Oil—According to LSE website first day of trading on AIM now expected for 30 January.
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).