www.proactiveinvestors.co.uk
Recent Sector News
-

S & U reports strong full-year performance, looks ahead with confidence
The money lender has reported another strong performance. While he is pleased, chairman Anthony Coombs won’t shrug off his cautious approach to running and growing the business particularly in the current economy.
-

S&U shares rise on strong trading update; dividend hiked by 20 per cent
Shares in S&U soared after the home and car credit specialist said this morning that it had traded well over the Christmas period and that its financial results will “significantly exceed expectations”.
-

Brace yourselves as 2012 is dubbed the year of living dangerously
Economists are split over the survival chances of the euro, but are united in their view that the continued uncertainty will lead to further instability on the markets.
-

S&U seeks expansion through organic growth and acquisitions
In an interview with Proactive Investors, following this morning's interim results, chairman Anthony Coombs revealed that the firm had been looking for acquisition possibilities in the last six months and that the search was continuing.
-

MoneySwap CEO Richard Proksa outlines AIM newcomer's big plans
MoneySwap promises to be a very interesting new addition to London’s AIM market as it pursues an ambitious growth strategy to establish an online peer-to-peer currency exchange.
-

Citi says its a case of 'horses for courses' when investing in asset managers
UK asset managers as a group have had a particularly rough rise this year, heavily underperforming the wider market. Analysts at Citi have been looking closely at prospects for the sector and reckon there are good investment cases to be made across the players, citing Man Group and Ashmore as their top picks in a falling market, and Jupiter in particular, for a rebound.
-

MoneySwap Plc: New innovative foreign exchange firm joins AIM
Through the development of its online currency exchange platform MoneySwap aims to become ‘the future of foreign exchange’.
-

Merkel-Sarkozy Tobin tax proposal finds little support
Proposals by German Chancellor Angela Merkel and French President Nicolas Sarkozy to introduce a “financial transactions tax” across Europe to curb aggressive speculative activity has surprised and dismayed many, with analysts expecting the UK to stay well clear of a move that is effectively “a tax on the country to fund the failing euro experiment”.
-

Analysts muse over Evolution Group’s mystery suitor and take-out price
Evolution Group’s announcement this morning of a takeover approach has triggered speculation among analysts over the mystery potential bidder likely take-out price, with broker Peel Hunt coming up some interesting views.
-

S&U home credit division has the potential to double shareholder value, says Collins Stewart
The consumer credit group S&U’s Home Credit division has the potential to double shareholder value over the next three years, according to Collins Stewart.
-

S & U pleased with progress and looking forward to good half year
In an interview with Proactive Investors, Anthony Coombs, chief executive of S & U, the niche money-lender, described the company as recession resistant and said he was pleased with how the firm was progressing.
-

London Stock Exchange shares up 8 per cent as details of TMX merger are unveiled
The LSE's tie-up with TMX creates a powerhouse in the natural resources and emerging markets sectors and has received a guarded welcome in the Square Mile. It will be interesting to see whether this transatlantic tie-up sparks another wave of consolidation in the sector.
-

S & U keen to acquire Cattles' Shopacheck home credit business
The home credit and motor finance specialist reported another set of solid interims, and chairman Anthony Coombs told Proactive Investors it is still very interested in taking part in industry consolidation - eyeing a business in the portfolio of struggling sub-prime lender Cattles, which may be sold off soon.
-

Altus Strategies: A Low Profile, But High Returns
We talk to Steven Poulton, the chief executive of Altus Strategies, about his business, the heavyweight team he has recruited and the outlook for the gold price.
-

S & U PLC ups dividend after cash flow, net profits and gearing show healthy improvement
Speak to Anthony Coombs, Chairman of S & U PLC for more than five minutes and you will quickly realise there is no paradox about the company’s performance during the recent credit crunch
-

Premium risk at Prudential
Insurance giant Prudential has stolen the headlines this week, after their decision to buy AIA, the Asian life business of US insurer AIG, has attracted a mixed response from shareholders.
-

Trading Emissions and Leaf Clean Energy merger collapses after New York Hedge Fund U-Turn
The proposed merger of Trading Emissions (AIM: TRE) and Leaf Clean Energy (AIM: LEAF) has fallen through following a vote at Trading Emissions’ shareholder meeting earlier today
-

London could see flurry of IPO’s despite New Look and Travelport withdrawals
Despite apparently flagging IPO appetite among certain businesses, this morning has seen three privately owned companies announce their intention to float in London.
-

Experian: Credit Wary?
Experian currently trades on a hefty forward earnings for 2010 of 15.8x, which is up from around 7x a year ago. The group yields around 2% and very little growth is expected in 2010.
-

Private & Commercial Finance Group: a discount too far?
Given such capital support and increasingly higher quality business coming through via brokers (the management estimates that at least half of its competition has been decimated by the recession) the company is confident of upside ahead.
-

LonZim on track for growth as economic recovery in Zimbabwe takes root
Zimbabwe-focused LonZim PLC (AIM: LZM) said significant milestones have been passed to stimulate economic recovery in the country, and it is currently reviewing a number of potential further investments.
-

S & U reports solid interim results, current trading remains encouraging
Home credit and motor finance specialist S & U PLC (LSE: SUS) reported solid first half results, with pretax profit up 8 percent at 5.02 million, noting that current trading remains encouraging.
-

S & U PLC: solid track record and strong dividend policy differentiate S & U from the sub-prime lending
Given this dire state of financial landscape in 2009 it makes for a pleasant change to see that not all sub-prime lenders are on their skinless knees.
-

Hargreaves Lansdown has proven itself in a tough economic climate
The company’s business model has proven itself in a tough economic climate, when the FTSE went down by 26% towards the end of ’08, Hargreaves’ assets under administration declined by only 11% -

FTSE, DOW and S&P 500 at inflection point?
The FTSE has gained around 30% from the March lows, as signs of green shoots lift investor’s expectations of the economy. -

Lighthouse Group – a beacon in a sea of IFAs
In May this year Lighthouse completed its merger with another AIM-quoted financial services business, Sumus, making the group the largest quoted independent supplier of financial advice and wealth management services in the UK. -

Proactive One2One Forums line-up confirmed for rest of 2008
We enter the final two months of 2008 with a full schedule. Northern Petroleum, Elixir Petroleum, Enegi Oil, Mariana Resources, Braemore Resources, Weatherly International, Lydian International, Mineral IRL and Western Potash will be presenting. -
Idiots Guide to the London Stock Exchange's SETSmm
The LSE recently decided, in its wisdom, to extend the SETS system to less frequently traded shares, and to ensure permanent liquidity, they combined the SETS order book with the continuous liquidity provided by firm two-way quotes from market makers. -
Commoditrade is trading some serious metal
Since the company started buying its own shares for cancellation, in November, it has piled into over 30 million of them! -
Ambrian Capital is An eastern facing natural resource investment bank
Shares often get weak knees as they approach a big round number for the first time, and in Ambrian Capital?s case, this seems to have been overdone
What do others think of Jannock Properties Limited
Investors interested in Jannock Properties Limited recently viewed
-
Craven House Capital (AIM: CRV) A frontier and emerging market investment company -
S & U Plc (LSE: SUS) Consumer credit & car finance in the UK -
Altus Strategies (AIM: ARCL) Investing in and growing opportunities in the metals and energy sectors -
Cambria Africa plc (AIM: CMB) Building a portfolio of long-term, active investments in Zimbabwe -
Horseshoe Metals (2491863: HOR) Dynamic copper / gold explorer in highly prospective location
















