Jarvis' announcement this morning that at 11p, the overall DPS for Q2 is being raised 69% YoY (Q2-2018A: 6.5p) follows on from last week's double-digit earnings upgrades which were the result of strong trading so far in the first half of 2020. Strong volumes fuelled our upgrades then, and this morning's RNS again references these powerful drivers for the business in the current environment. This remains unpredictable, but market activity is a positive for Jarvis in whichever direction.
Orio ....
11 May 2020
WHI First Light: Jarvis Securities (JIM) & Oriole Resources (ORR)
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WHI First Light: Jarvis Securities (JIM) & Oriole Resources (ORR)
Jarvis' announcement this morning that at 11p, the overall DPS for Q2 is being raised 69% YoY (Q2-2018A: 6.5p) follows on from last week's double-digit earnings upgrades which were the result of strong trading so far in the first half of 2020. Strong volumes fuelled our upgrades then, and this morning's RNS again references these powerful drivers for the business in the current environment. This remains unpredictable, but market activity is a positive for Jarvis in whichever direction.
Orio ....