Posts in LSE:ITE

Is Interserve plc’s 65% share price slump set to continue?

Support services and construction group Interserve (LSE:IRV) has been hammered by a run of bad news and profit warnings. Could now be the perfect time to buy the bombed-out shares or is the slump set to continue?

Uncertainties

News of a contract win today has sent Interserve's shares up a couple of pence to 118p, continuing a recovery from a low of 74p on 14 September. Nevertheless, they remain down by 65% for the year to date.

Broker Forecast - Numis issues a broker note on ITE Group PLC

Numis today reaffirms its buy investment rating on ITE Group PLC (LON:ITE) and raised its price target to 220p (from 210p).

Broker Forecast - Peel Hunt issues a broker note on ITE Group PLC

Peel Hunt today reaffirms its hold investment rating on ITE Group PLC (LON:ITE) and raised its price target to 155p (from 150p).

ITE revenues up in challenging conditions

ITE Group's performance in the fourth quarter was in line with management expectations.

The group said that following the strategy update, it had been focusing on core market leading events and this had seen strong revenue growth which had offset the cancellation of smaller, non-core, low yielding events.

It said revenues for FY 2017 were expected to be around £151m (2016: £134m).

This extraordinary stock is a 'buy', here's why

Share Sleuth: Howden Joinery is a 'buy', here's why

Howden Joinery has won a place in the Share Sleuth portfolio. Richard Beddard reveals the secret of the firm's success - and it's not kitchen design.

Broker Forecast - Numis issues a broker note on ITE Group PLC

Numis today reaffirms its buy investment rating on ITE Group PLC (LON:ITE) and raised its price target to 210p (from 204p).

Why I’d sell this turnaround stock to buy this hot growth stock

Shareholders of exhibitions firm ITE Group (LSE:ITE) have a right to be frustrated with the company's progress. Over the past year shares in the business have gone nowhere and over the previous five years, they have produced a return of minus 24% excluding dividends.

ITE Group chairman steps down

ITE Group chairman Marco Sodi has stepped down due to increasing business commitments elsewhere.

Sodi has stepped down as chairman with immediate effect and will retire from the board on the 11 October.

Non-executive director Neil England will be chairman during the search for Sodi's successor.

The group also issued a trading update and said that its performance for the three months to the end June was in line with management expectations.

Revenue for the period was circa £58m (three months to 30 June 2016: £46m).

Top ranked shares for the future

Top ranked shares for the future

After upgrading his decision engine, companies analyst Richard Beddard thinks he's got to the heart of investing and the reasons we so often make mistakes.

Three top small-caps for bumper dividends

Small-cap Somero (LSE:SOM) offers a 7.1% yield this year, courtesy of a special dividend. Its concrete-laying machines create the best surfaces in the business. This exceptional quality has attracted a star-studded client list, including Walmart and Tesco, who include Somero products in planning specs to ensure the floors in warehouses are flat and strong.

The boom in North American construction and online retail over the last five years or so has propelled operating profit from $1.4m in 2012 to $21.2m in the same period.