Proactiveinvestors United Kingdom - Media & Publishing RSS feed Proactiveinvestors United Kingdom - Media & Publishing feed en Sat, 20 Jan 2018 11:29:03 +0000 Genera CMS Proactive Investors New York bound after securing £3.3mln of private equity investment Sat, 20 Jan 2018 08:28:00 +0000 Cello Group traded in-line in 2017; expects some benefit from US tax changes Thu, 18 Jan 2018 09:02:00 +0000 FFI Holdings signs 'landmark' deal to run Allianz's entertainment book Thu, 18 Jan 2018 07:35:00 +0000 Nestle offloads Crunch, Butterfinger and other US confectionery brands to Ferrero Wed, 17 Jan 2018 11:59:00 +0000 Big event: Informa and UBM to merge, creating a £9bn B2B information services group Wed, 17 Jan 2018 10:00:00 +0000 Cineworld to launch £1.7bn rights issue to fund Regal Entertainment Group takeover Wed, 17 Jan 2018 08:21:00 +0000 Pearson stabilises but sees another flat year ahead Wed, 17 Jan 2018 07:36:00 +0000 Alpha FX expects revenue to beat market forecasts after successful IPO Tue, 16 Jan 2018 12:26:00 +0000 Euromoney says European Commission conducting unannounced inspection of its RISI business Tue, 16 Jan 2018 08:16:00 +0000 Taptica International raises US$30mln to fund acquisition hunt Tue, 16 Jan 2018 07:30:00 +0000 Kropz names Ian Harebottle as CEO Mon, 15 Jan 2018 14:53:00 +0000 FFI Holdings snaps up motorsports events insurer Fri, 12 Jan 2018 08:13:00 +0000 German discounter Lidl boasts record-breaking sales and footfall in December Wed, 10 Jan 2018 10:01:00 +0000 Live Company Group surges after it signs deal in Brazil Mon, 08 Jan 2018 15:46:00 +0000 Crowdfunding platform ENVESTORS says equity investments via its investor network surpass £100mln Thu, 04 Jan 2018 13:14:00 +0000 Gold hits new highs on weak dollar, momentum buying and political uncertainty Tue, 02 Jan 2018 12:49:00 +0000 Trump’s US tax reform could help Dow reach 30,000 but headwinds remain Tue, 02 Jan 2018 12:00:00 +0000 Global investors celebrate as 2017 becomes fish in barrel bonanza Mon, 01 Jan 2018 08:00:00 +0000 Live Company building on the popularity of a children's favourite Thu, 28 Dec 2017 09:39:00 +0000 IWG confirms takeover bid, shares soar Wed, 27 Dec 2017 09:34:00 +0000 2018 crystal ball throws up familiar themes: Bitcoin, Brexit, and corporate consolidation Tue, 26 Dec 2017 08:00:00 +0000 A question of trusts: Just what is an investment trust? Mon, 25 Dec 2017 10:00:00 +0000 Investors could be adventurous and consider Venture Capital Trusts for exposure to growth companies Sun, 24 Dec 2017 10:00:00 +0000 Bitcoin plunges as investors cash in for a Christmas bonus Fri, 22 Dec 2017 09:04:00 +0000 FFI reels in Reel Media; says US trading affected by scandal involving leading independent film producer Thu, 21 Dec 2017 15:05:00 +0000 Bloomsbury Publishing seeking new group finance director, with Wendy Pallot to join Euromoney Thu, 21 Dec 2017 08:08:00 +0000 dotdigital on track with “ambitious growth plans” as strong trading momentum continues Tue, 19 Dec 2017 10:18:00 +0000 Daily Mail and General places struggling, US property information business into Chapter 7 liquidation Fri, 15 Dec 2017 15:45:00 +0000 Trinity Mirror expects quarterly revenue drop as print advertising continues to decline Fri, 15 Dec 2017 11:36:00 +0000 FFI acquires Aussie post-production media services firm Buff Dubs Mon, 11 Dec 2017 08:30:00 +0000 Mining sector very well positioned to meet increasing energy demands Mining Capital's Alastair Ford talks Lithium, Cobalt and the growing electric vehicle market.

Ford discusses the lithium assets of Savannah Resources Plc (LON:SAV) as well as European Metals Holdings Ltd (ASX:EMH; LON:EMH) and  Bacanora Minerals Ltd (LON:BCN)(CVE:BCN).

He says he's been speaking with the team at Cadence Minerals Plc (LON:KDNC) (OTC: KDNCY), who have significant investments in both Bacanora and EMH, and adds that they're very confident on the future demands for lithium.

''It looks as though new supply from projects ... will go into a market that has grown significantly by the time they produce it''.

On the subject of Cobalt, Alastair says he's been chatting to Julian Treger at Anglo Pacific Group plc (LON:APF) who he says is very positive about the energy metals.

''He made the point to me that while mining is one of the oldest industries in the world it's uniquely positioned to meet all of the new technologies that come along''.

Fri, 19 Jan 2018 15:21:00 +0000
Taptica targets new markets Hagai Tal, chief executive of Taptica International Ltd (LON:TAP) tells Proactive more about the acquisition of US company Tremor Video which sold its 'demand-side' business to the Israeli mobile ad platform in August for £36.9 M. Hagai explains how they have strengthened the management team, increased margins and are diving into new territories...all because the internet is globally-focussed but advertisers still need the local touch.

Thu, 11 Jan 2018 09:17:00 +0000
Live Company exceeds events expectations one brick at a time Live Company Group Plc (LON:LVCG), the Lego bricks events organiser, has entered into a six-year contract relating to BRICKLIVE events in Brazil. Live's Executive Chairman David Ciclitira, an experienced events expert himself, tells Proactive how excited he is about the company's growing footprint in the child learning market adding that he is particularly interested in focussing on Asia where education is culturally often of primary importance to families.
The contract is with Universal Entretenimento e Produções (UEP) and will see UEP organise, promote and stage each BRICKLIVE event, while Live Company subsidiary Bricklive International (BLI) will source and provide content for the events.

Wed, 10 Jan 2018 08:27:00 +0000
The winners and losers of Proactive's 2017 virtual stockpot portfolios Proactive Investors' John Harrington looks back on the downs and occasional ups of some his virtual portfolios over the last 12 months.

Reflecting on the performance of the 'Bombed out but bouncing back' portfolio, he says, ''I think the lesson we learnt here is that when companies are bombed out and the share price starts recovering people who've been holding on for a year are just going to take any opportunity to get out''.

Of the better performing funds was his 'Dogs of the footsie', which ended the year up around 12%.

(Correction: John refers in the interviews to the investment principles of Margaret Weiss, but his memory is not what it used to be, and he should have referred to Geraldine Weiss)

Fri, 29 Dec 2017 07:44:00 +0000
2017 a stellar year for AIM with record trades and big fundraisings The AIM Journal's Andrew Hore stopped by the Proactive studio for a Christmas catch up and look back on 2017.

''AIM has been pretty strong this year'' Hore says.

''It seems to be mainly on the back of the larger companies because if you look at the AIM 50 and AIM 100 indices they're up a bit more than a fifth - companies like Fevertree have done very well, Keywords Studios which has made  a number of acquisitions this year ... Clinigen's done pretty well and you've got the older ones like Boohoo which has really come back this year''.

Hore says new entrants coming to the market raised around £1.5bln - among them was Greencoat Renewables which brought in around £237mln of new cash and Warehouse REIT which raised £150mln.

Fri, 29 Dec 2017 07:35:00 +0000
Stock market volatility to return in 2018 - WH Ireland's Mike Ingram Mike Ingram, chief market strategist for WH Ireland, caught up with Proactive's Andrew Scott to look back on the markets in 2017.

''Growth has surprised on the upside'', he says.

''The narrative in place at the start of 2017 was perhaps what we call a secular stagnation scenario - a combination of weak growth, weak productivity ...  what's come out of this year, we think, is probably the best year of growth since  2010''.

As far as the next 12 months go, Ingram suspects we'll see increased volatility creeping back in.

''If you'd been long volatility this year you would've lost nearly 75% of your investment so far this year ... if we start to see that shake up via the US bond market then you're going to see a lot of people 'swimming naked''', he says.

Thu, 28 Dec 2017 07:36:00 +0000
Parallel Media Group PLC to use Bricklive to build Lego events brand Parallel Media Group plc (LON:PAA) will use its new acquisitions Bricklive ( and Parallel Live to run Lego events around the globe.
"I had no idea it was so popular and no idea it would grow so fast," chairman David Ciclitira told Proactive's Andrew Scott.
It's an education project, he said, with the group aiming to almost double the number of shows to thirty in 2018.
A name change to Live Company Group will reflect the change of emphasis.

Tue, 12 Dec 2017 14:05:00 +0000
Is money starting to flow back into the oil gas market? Proactive catches up with Keric Morris, a partner at management consultancy Oliver Wyman, during World Oil & Gas Week 2017 in London.

He says he’s quite bullish about the outlook for the energy space as investors and funds start to reinvest in the sector.

“We’re seeing different types of money coming back into the market – some of the infrastructure funds are becoming more interested so it’s not just private equity money.”

Thu, 07 Dec 2017 13:50:00 +0000
Fort Bay Capital expecting investors to remain cautious heading into 2018 Fort Bay Capital's Haroun von Hövell tells Proactive 2017's seen a big improvement in the deal environment over the previous two years - evidenced by some big deals being announced, such as Shell selling high quality assets.

Speaking at the World Oil & Gas Council he adds that the majors have become more flexible and more accommodating in their deal terms - especially around decommissioning liability and also around managing commodity price exposure.

Wed, 06 Dec 2017 11:15:00 +0000
Technology Enhanced Oil boss on the cheap, green tech that can quadruple production Stephane Lamoine, the CEO of Technology Enhanced Oil Plc, joins Andrew Scott in the Proactive studio at World Oil & Gas Week 2017 in London.
He says his company's technology has the potential to dramatically boost a well's production in a low cost, environmentally friendly manner.
"The increase of production is sometimes between 50% and 300% on the wells starting from 10 barrels per day," Lamoine says.
He adds that the cost of the technology works out at about US$12 a barrel, which would make it economic even if in a time of low oil prices.
Tue, 05 Dec 2017 15:35:00 +0000
'Improving and Advancing' sales for Collagen Solutions Collagen Solutions (LON:COS) CEO Jamal Rushdy tells Proactive how his team has nearly doubled their run rate on-boarding new customers with a successfully revamped commercial focus and discipline. Jamal explains how as supplier, developer and manufacturer of medical-grade collagen and tissue components the company closed eight new deals compared with two in the same period last year. News too on importing collagen into China alongside a brand new customer agreement with a top Asian partner.

Tue, 05 Dec 2017 15:14:00 +0000
Blue Bear Capital providing the unusual link between energy firms and blockchain Ernst Sack, a partner at venture capital group Blue Bear Capital, talks to Proactive at World Oil & Gas Week 2017.

Blue Bear focuses on digital technologies for the energy industry - a sector which spent around US$45bn on things such as blockchain, AI, and Internet of Things technologies last year.

"Fundamentally our business to introduce new technologies to companies that could use [them] and we know a lot of such companies having worked in private equity with an energy focus," he says.

Sack adds that there is a correlation between investment in new, upcoming technologies and the performance of energy companies.

Tue, 05 Dec 2017 13:05:00 +0000
Twister poised to blow industry away with gas separation tech Twister chief executive John Young joins Andrew Scott in the pop-up Proactive studio at World Oil & Gas Week in London.

Young says he's excited by the potential of Twister's gas separation technology, which he reckons can transform the industry.

"[When using Twister's technology] platforms can be reduced in size by about 25-40%.

"That offers fantastic potential savings for projects and for companies, and we're really excited by how the development is moving forward."

Mon, 04 Dec 2017 15:35:00 +0000
Warburg Pincus MD on the lookout for oil opportunities in Africa Simon Eyers, managing director private equity group Warburg Pincus, joins Andrew Scott at the World Oil and Gas Week 2017 in London.
Eyers likes Africa as a potential area of investment but thinks South East Asia remains too expensive.
"Outside of North America, we're looking for cash generating assets in areas where fiscal terms are better than elsewhere," he says.
"I think West Africa is one area, Africa more generally, (and) we're always interested in the North Sea."
Mon, 04 Dec 2017 14:55:00 +0000
Tullow Oil's refinancing initiative impresses investors Proactive's Oil and Gas Correspondent Jamie Ashcroft tells us how Tullow Oil (LON:TLW) has refinanced, putting investors' minds at rest about debt maturity...but also impressing them with a renewed ability to generate decent cash-flow.Tullow's refinancing initiative means it now has US$900mln of headroom and no near-term debt maturities which leaves them well placed to head into 2018 with confidence.

Wed, 29 Nov 2017 15:36:00 +0000
Sterling rallies on Brexit clarity Neil Wilson, Senior Market Analyst at ETX Capital walks us through the latest on why Sterling has strengthened on the back of a
clearer Brexit divorce bill ...and tells us why it's not so much the figures ...but the sentiment we should be looking at.
We pushed him UK domestic politics too...take a moment to savour Neil's diplomatic response!

Wed, 29 Nov 2017 11:36:00 +0000
Fidelity portfolio manager Joe Wickwire 'really excited' by fertiliser and potash firms Fidelity Investments portfolio manager Joe Wickwire tells Proactive that he is "most excited about" the fertiliser and potash producers at the moment.

"We think we're going to see prices for fertilisers go up and we think capex will be coming down - so what we should see is margin expansion."

Wickwire manages the Fidelity Global Commodity Stock Fund, which has investments in companies such as Monsanto, Glencore and BHP Billiton.

Wed, 29 Nov 2017 10:00:00 +0000
2018 to mark the return of precious metals, says Charteris' chief investment officer Ian Williams, chairman and chief investment officer of Charteris Treasury Portfolio Managers, tells Proactive why precious metals prices are poised to soar again in 2018.

Williams manages the HC Charteris Gold and Precious Metals Fund which has gained more than 96% over the past two years.

The fund only invests in producing companies listed on recognised exchanges such as New York, London and Toronto.

Wed, 29 Nov 2017 08:30:00 +0000
A knee-jerk response from Proactive's virtual fund manager ? Proactive Investors virtual fund manager John Harrington updates on the latest twists and turns with the 'bombed out but bouncing back' portfolio.

In a last throw of the dice Harrington says he's introduced stop-losses.

However he suspects it could be too little too late for its survival and his attention's now turning to what could replace it.

Sun, 26 Nov 2017 14:04:00 +0000
Mining Capital's Alastair Ford expecting improvement in business climate in Zimbabwe Mining Capital's Alastair Ford reflects on Zimbabwe's 'political earthquake' which has seen the resignation of the country's former President Robert Mugabe.

In the weeks and months ahead Ford reckons it'll be an interesting period.

''This new President [Emmerson Mnangagwa]  is very much an old hand at Zimbabwean politics and was very much involved in the politics we've seen play out over the past couple of decades''.

''I think his vested interests will be in keeping things much as they are  ... he'll be looking to open up the country in terms of bringing in new investment''.

''Journalists too were invited into Zimbabwe in a way  that we've not seen for many years following the departure of Mr Mugabe''.

Alastair Ford also looks ahead to next week's Proactive Investors 'Mines and Money' and 121 Mining events in London.

Thu, 23 Nov 2017 12:57:00 +0000
Philip Hammond 'does the impossible' with 2017 Budget, says City Index's Kathleen Brooks Kathleen Brooks, research director for City Index, gives her verdict on Philip Hammond's budget.

Broadly speaking Brooks says he got it right. 

''Overall I think he did what he needed to do, he probably managed to hold onto his job, the market seems comfortable with it ... he's boosted spending but he's also maintained the UK's deficit reduction forecasts''.

Wed, 22 Nov 2017 15:39:00 +0000
Evernote helping solve the western world's 'data overload challenge' Beat Buhlmann, general manager of Evernote EMEA tells Proactive the platform helps people and companies to be more productive and to achieve more.

''With Evernote you can collect, create, nurture and share information the one you want'', Buhlman says

Buhlmann says they currently have around 220 million users globally and they help their community to manage a 'massive overload challenge' the western world is facing.

Mon, 13 Nov 2017 14:48:00 +0000
Weak quarter in India sees gold demand slip 9% Alistair Hewitt, Head of Market Intelligence at the World Gold Council, tells Proactive's Andrew Scott that a weak quarter in India was the main reason for the year-on-year decline in global demand - down from 495 tonnes in Q3 2016 to 479 tonnes in Q3 2017.

Interestingly Hewitt says volumes of gold used in technology increased for the fourth consecutive quarter.

He says strong demand for LEDs and continued growth in the use of 3D sensors in new smartphones boosted demand by 2%.

Thu, 09 Nov 2017 15:32:00 +0000
Totally Plc keen to extend footprint in growing urgent care market Wendy Lawrence, chief executive of Totally Plc (LON:TLY), discusses with Proactive's Andrew Scott the group's 'transformational' acquisition of Vocare Limited.

Vocare provides healthcare services to CCGs (clinical commissioning groups) covering around 9.2mln patients a year.

Tue, 07 Nov 2017 08:47:00 +0000
Fundamentals likely to stay very strong for lithium - Mining Capital's Alastair Ford Mining Capital's Alastair Ford talks lithium and the opportunities presented in both south east Asia and Europe by Pan Asia Metals and European Metals Holdings Limited (LON:EMH) respectively.

Ford says that outside of China, there’s only one lithium project in all of South East Asia - Reung Kiet and it’s situated in Southern Thailand. It's held by Pan Asia Metals, a privately-held Singaporean company that’s due to list on London’s AIM market in the first half of next year.

On European Metals, Ford says: ''I think they've got one of the very well-set lithium projects available to us on the market in London and indeed anywhere in the world ... it's especially attractive for its size but also for its location''.

In usual form, Ford also touches on a number of other developments in the mining sector including the recent CRU conference and strengthening zinc prices plus suspicions copper will be the metal to watch in 2018.

Fri, 03 Nov 2017 08:30:00 +0000
London Finance Show: ‘Rate rise nailed on but look out for comments’ Tim Harrison, head of wealth management at Linear Investments, tells the London Finance Show that Mark Carney and the Bank of England will almost certainly hike rates and that focus should be on the subsequent commentary from the bank.

“It will be interesting to see what comments are made as to any sort of guidance for the future,” says Harrison.

“A lot of pundits are suggesting were going to see a number of rate rises over the next couple of years so it’ll be key to see if [Carney] alludes to anything more formative.”

Elsewhere, he discusses: the “basket case” that is Carillion PLC (LON:CLLN); sterling’s prospects post BoE meeting; RBC’s downgrade of Fevertree Drinks PLC (LON:FEVR); and Facebook Inc’s (NASDA:FB) third quarter results.

Thu, 02 Nov 2017 11:30:00 +0000
Reabold Resources takes sizeable stake in UK offshore drilling project Stephen Williams and Sachin Oza, co-chief executives of Reabold Resources Plc (LON:RBD), discuss with Proactive's Andrew Scott their investment in an offshore drilling project, off England’s south coast.

The project's expected to see a well drilled in the first half of 2018.

Reabold's to invest £1.5mln into Corallian Energy, to take a 35.4% stake in the privately owned UK oil firm.

Corallian holds five licence interests in the UK, including a 60% in Colter exploration prospect which is located offshore in close proximity to Wytch Farm, Britain’s largest oil field which has so far produced some 450mln barrels of crude.

Wed, 01 Nov 2017 08:32:00 +0000
London Finance Show: ‘Market will be very disappointed if BoE doesn’t hike rates on Thursday’ Market commentator Matt Brown says there is a 90% chance that Mark Carney and co will hike interest rates for the first time in a decade on Thursday, but he doesn’t expect the move to boost sterling.

“[A rate rise] feels nailed on, the market will be very disappointed if not and we could see cable below the US$1.29 handle if Carney doesn’t deliver,” says Brown in Monday’s London Finance Show.

“If he does deliver there might be a small uptick but I think it’s all priced in at this point.”

Elsewhere, Brown discusses: HSBC’s third quarter results; Goldman Sachs’ upgrade of Kingfisher; currency markets; the upcoming autumn budget; and the daily economic calendar

Mon, 30 Oct 2017 11:10:00 +0000
Bloomsbury Publishing continuing to see extraordinary sales of Harry Potter Nigel Newton, chief executive of Bloomsbury Publishing PLC (LON:BMY), caught up with Proactive following their interims.

The publisher of the Harry Potter books and the novels by Sarah J Maas saw total revenues rise 15% to £72.1mln in the six months to the end of August from £62.7mln in the same period of last year.

Fri, 27 Oct 2017 08:20:00 +0100
London Finance Show: ECB to sound a dovish tone this afternoon? Market commentator Matt Brown reckons the ECB will sound a dovish tone with this afternoon’s announcement to try and avoid boosting the euro too much.

“It’ll be a ‘softly, softly’ approach probably. It’s the extent of the tapering [that will be the focus], how long they’re looking to extend it. Will it be six months, 12 months?,” says Brown in Thursday’s London Finance Show.

“There’ll be a lot of attention paid to the detail and I expect it will be more dovish than the market expects.”

Elsewhere, Brown discusses: Barclays’ third quarter ‘stinker’; UK interest rate prospects; as well as the taxes paid by the big banks.

Thu, 26 Oct 2017 10:45:00 +0100