Falanx Group - contract win & an FD we like appointed

Published 4 days ago

Falanx Group (FLX) has appointed a new Finance Director at last. Ian Selby was at Westminster Group (WSG), a perennially cash-strapped omnishambles, until he had enough and walked last summer.

MITIE Group – FCA investigation, more questions for Tory Baroness Ruby McGregor-Smith

Published 145 days ago

Previously on this website regarding MITIE Group (MTO) we noted a Financial Reporting Council investigation, now there’s a “Financial Conduct Authority Notification”

Revolution Bars – from ‘platform to be confident about our prospects’ to profit warning in less than 3 months

Published 248 days ago

“Trading Update” announcement from Revolution Bars (RBG). With the shares having been falling from above 210p earlier this week, what the chances that it is positive news?...

Avon Rubber – CEO ‘steps down’ with immediate effect, a cause for concern?

Published 341 days ago

Shares in Avon Rubber (AVON) are currently down approaching 4% back below 1000p on the back of an announcement including that, having only joined in December 2015, CEO Rob Rennie “has stepped down… with immediate effect”. A cause for concern?...

Marks and Spencer at 426p ‘ex’ a finance director. What does it mean?

Published 1291 days ago

Two days ago I gave my opinion on Marks & Spencer (MKS) shares. Today its Finance Director announced that he is off to Tesco (TSCO). This is an understandable move for the man in question, Alan Stewart, and for Tesco where ‘every little helps’. Although, judging by Mr Stewart’s hefty salary increase to £750,000, plus a ‘golden hello’ worth a reported £1.73 million, his contribution is expected to be more than a little. 

Rangers International Football Club plc – the extraordinary travails continue

Published 1292 days ago

Having considered in April whether the tale of woe at Rangers International Football Club (RFC) was set to continue, the company has this week announced that “Note 30 to the accounts for the 13 month period ended 30 June 2013 was incorrect to the extent that the options to which the share announcement on 1 July 2014 relate were not included”. The following updates on the latest developments of what has been an extraordinary litany of woe here.


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