Future (FUTR)

The FTSE 100 got off to a strong start on Monday following better than expected manufacturing data coming out of China. The Caixin/Markit manufacturing Purchasing Managers’ Index showed a reading of 51.8 in November, up from 51.7 the previous month and the fastest expansion since December 2016. Anything above 50 signals expansion, and anything less than 50 signals contraction in the ...

Publishing group Future (FUTR) sees its shares fall 9.9% this morning to £14.17, making them the worst performers on the FTSE 250 index. However, the move doesn’t relate to any trading weakness or corporate mis-step. Instead the market is reacting to a placing, first announced overnight, of £43.7m worth of shares in the company or a little over 3% of the issued share capital. This ...

Miners led the market higher on Wednesday as investors eyed a US-China trade announcement ahead of the long Thanksgiving weekend. The FTSE 100 traded 0.13% higher at 7,412 while the more domestically focused FTSE 250 was 0.2% lower at 20,824 points. Tobacco giant British American Tobacco (BATS) released its second half pre-close trading update and guided for currency adjusted revenues growth in ...

London’s FTSE 100 firmed 18.3 points to 7,311 on Friday as investors latched onto White House economic adviser Larry Kudlow’s comment that current US/China negotiations are ‘very constructive’. This was enough to drive stock markets up across the UK, mainland Europe and most of Asia. Miners Rio Tinto (RIO), Glencore (GLEN) and Anglo American (AAL) led the charge on the FTSE, supported ...

We think the success story at FTSE 250 publisher Future (FUTR), which has seen the company’s market value increase by several multiples in the past few years, has further to run, driven by the company’s latest acquisition. On 30 October Future announced the £140m purchase of TI Media, the company behind titles such as Marie Claire UK and Country Life. Imminent results on 15 November ...

Shares in magazines firm Future (FUTR) rallied 13.2% to £15.39 on Thursday after the announcement last night of the £140m acquisition of Ti Media, the publisher of titles like Marie Claire UK and Country Life. Future, which owns publications like Game Radar and Total Film, has seen its fortunes transformed under chief executive Zillah Byng-Thorne, as Shares has covered extensively in the ...

UK small cap companies are dead cheap, claim managers of the popular Invesco Perpetual UK Smaller Companies Investment Trust (IPU). ‘Equity valuations within the smaller companies sector are well below their 20 year average and we believe there is potential to make money even in this highly uncertain environment’, insisted Jonathan Brown and Robin West, joint fund managers of the Invesco ...

Last year was very much one of two halves for the Standard Life UK Smaller Companies Trust (SLS). Managed by highly-rated stock picker Harry Nimmo, the investment trust aims to put money to work with lower risk, UK-quoted smaller companies, ones operating in growing markets where business momentum is ‘positive, predictable and improving’. Last year to 30 June the investment trust ...

Investors who prefer to entrust capital allocation decisions to a professional money manager as opposed to buying individual stocks are exceptionally well served by the FTSE 350. Within its ranks, you’ll find a highly-diverse batch of investment trusts spanning all the key asset classes. Shares’ number-crunching reveals a grand total of 57 investment trusts within the FTSE 350 – that is ...

We recently reported on the sell note from Stockviews which blew a hole in the share price of publishing firm Future (FUTR). The company is on the comeback trail this morning as it announces full year results will be ahead of expectations thanks to ‘good audience growth’ in the Media division and a strong contribution from its acquisitions. Its shares are up 8.4% to £10.50. It has ...

Shares get off to a flying at the start of the third quarter, with Asia and Europe sharply higher today after US and China agree to resume trade talks. Donald Trump offers to put a break on new tariffs and eases restrictions on tech company Huawei. The UK is strong across the board, with house builders up 2.6% and industrials up 1.8%. Oil majors are strong gaining 2% as crude prices gain after ...

Shares in publishing group Future (FUTR) are in free-fall, down by nearly a quarter at 944.5p, since equity research firm Stockviews posted an aggressive sell note on the company on Monday night. We recently published an in-depth look at the company in the wake of its ascent to the FTSE 250. We ultimately concluded that the share price was too high, although we were positive on the business as ...

Magazines as a format emerged to serve people’s interests and hobbies, and they have developed over time to cover everything from politics and gardening to photography. The industry has gone through significant change in recent years because of people’s increasing reluctance to hand over hard-earned cash for a glossy print product. In 2018 figures from ABC showed sales and advertising for ...

The latest quarterly shuffling of the deck in the FTSE 100 list of blue-chip companies and the FTSE 250 index of mid-cap stocks sees a significant amount of change. To qualify for inclusion in the FTSE 100 index a stock needs to meet certain liquidity requirements and have a sufficiently large market capitalisation to rank in the top 100 companies. Stocks which fail to meet these criteria ...

Its easy to get sucked into the noise about uncertainty in the UK created by Brexit and the impact this is having on the markets. This is clearly a live issue, and no-one would deny it is having a tangible impact on market and business confidence. However, there are still lots of excellent and thriving companies listed in London. The upcoming FTSE reshuffle, when stocks are promoted to or ...

After a week dominated by ongoing tariff talks between the US and China and their impact on global trade, Brexit worries have again resurfaced to drag on UK investor sentiment. The UK's benchmark gets off to a shaky start to early trading on Friday, declining around 16 points to 7,337, but the market mood is not being helped by new emerging threats to FTSE 100 food delivery business Just Eat ...

Nine months into 2018 and we’re still outperforming the market with our top picks of the year. Nonetheless, a 3.1% average gain versus 0.3% loss from the FTSE All-Share only calls for a celebratory orange juice and lemonade rather than high quality champagne. Earlier gains have been reduced thanks to notable weakness in Alliance Pharma (APH:AIM) in recent weeks plus Dixons Carphone’s ...

London’s FTSE 100 is off to a strong start on its first trading day of the autumn, bid up 47.5 points to 7,480 on Monday after enduring a difficult month of August. In corporate news, Scottish broadcaster STV (STVG) skips 4.6% higher to 410p after inking a four-year strategic partnership with Virgin Media which will see Virgin TV customers in Scotland have access to fully regionalised ...

Future (FUTR) 500p Gain to date: 26.6% Original entry price: Buy at 394.88p, 21 Dec 2017 Specialist media outfit Future (FUTR) has announced a discounted rights issue to fund the acquisition of the bulk of Purch, the publisher of online computer hardware magazine AnandTech. The $135.2m deal is being funded by a £105.7m fully underwritten rights issue at a 30% discount (based on the ...

Our top picks for 2018 have on the whole enjoyed a superb second quarter, reversing the first quarter’s losses to now stand significantly ahead of the market. The average gain from the portfolio is now 8.4% versus a mere 0.6% from the FTSE All-Share over the same period. This is a dramatic turn of events considering we were down by 8.4% on average at the end of Q1. As a reminder, towards the ...