Posts in LSE:PRV

Two opportunities to make you a million?

Over the past year, shares in Numis Corporation (LSE:NUM) have smashed the market returning 27%, excluding dividends, against the FTSE 100 return of 7.7%. At the time of writing, the shares currently support a dividend yield of 4%, so after including this distribution, the return for the year will likely exceed 30%. 

But can this financial services business continue on its current trajectory? 

Dip in sterling and strong performance from housebuilders boost FTSE

Sterling weakened as investors turned negative on the UK's ability to secure strong trading conditions with the European Union when it leaves in 2019.

This worked in favour of the FTSE 100 as blue-chip companies generate the majority of earnings overseas.

Strong results from housebuilder Berkeley (BKG) also contributed, prompting a rally in the housebuilding sector.

Berkeley revealed pre-tax profit rose 35.8% to £533.3m and sales increased 13.7% to £1.6bn in the six months to 31 October.

FTSE boosted by housebuilders rally

The FTSE 100 traded 0.3% higher at 7,346 as strong results from housebuilder Berkeley (BKG) and progress on Brexit spurred a rally in the sector.

Berkeley revealed pre-tax profit rose 35.8% to £533.3m and sales increased 13.7% to £1.6bn in the six months to 31 October.

Barratt Developments (BDEV), Taylor Wimpey and Persimmon (PSN) chased their peer higher by up to 4.3%.

Sterling gained positive momentum after the UK and European Union made sufficient progress in the Brexit talks to move on to negotiating trade conditions.

Construction contracted by 0.9% in the UK between July a

Porvair upgrades guidance

Filtration and environmental technology group Porvair said earnings for the year are expected to be ahead of its expectations.

Revenue growth for the year through November was 6%, with underlying growth of 11%, mostly driven by the microfiltration division, the company said.

Net cash at November 30 was was £9.7m, down from £13.6m, after capital and acquisition expenditure of around £11m.

Could these ‘secret’ stocks make you stunningly rich?

HSS Hire Group (LSE:HSS) was firing higher on Thursday after it released fresh details on how it intends to turn around its struggling fortunes. It was last 13% higher on the day

HSS advised that it had identified a further £10m to £14m worth of savings as part of its ongoing cost-cutting drive, adding to the £13m of annualised savings the company has already found.

Ovid's shares for the future

Ovid's shares for the future

Speculators focus on extremes, leaving good firms at reasonable prices in the middle - unloved and undervalued. Here's why Richard Beddard's stocks are 'safest in the middle course'.

2 stocks you’ll brag about owning some day

Let's face it, as human beings we all like to brag about our achievements, especially if it means getting one up on the other guy (or gal). Deny it all you want, but as investors we're no different to the rest of the population. We all feel a little smug when we've made the right call, especially when we've profited handsomely from our self-proclaimed wisdom.

Porvair acquires 8.13% of Standard Life Aberdeen voting shares

Porvair on Tuesday announced its acquisition of 3,702,286 voting shares of 8.13% of voting rights in Standard Life - Aberdeen.

As a result of the completion of the court-sanctioned scheme of arrangement and all-share merger under Part 26 of the Companies Act 2006 of Aberdeen Asset Management PLC and Standard Life plc which became effective on 14 August 2017, this notification details the assets under management of the new Combined Group ('Standard Life Aberdeen plc') as of the dates noted above.

In reference to section 9, the shares detailed are managed by the named discretionary investme

2 top growth stocks for long-term investors

While selling industrial filters is far from what most investors imagine when they hear the phrase 'growth stock', the tremendous record of Porvair (LSE:PRV) in recent years has made this relatively boring but dependable business one of the best growth stocks money can buy.

Two tremendous growth shares I’d buy today

Share pickers have failed to be excited by the latest trading statement from DCC (LSE:DCC), the sales, marketing and support services specialist last 1% lower from Thursday's close.

The FTSE 100 firm advised in a reassuring update that at "what is still a very early stage in the financial year, the group reiterates its belief that the year ending 31 March 2018 will be another year of profit growth and development."