Author: Ian Conway
Ian Conway has worked in financial markets for over 30 years as a bond and equity trader, Extel-rated analyst and strategist, and partner of a stockbroking firm. He also founded a financial research company servicing institutional clients prior to writing for and editing Shares magazine. Ian is primarily an income investor although he also buys selected growth stocks. Find him at LinkedIn: Click Here
Micro-cap plastic products maker Coral Products (CRU) has warned it will miss its FY26 targets due to delayed orders. The firm said the timing of existing contracts and new customer wins had been affected by the ongoing Middle East siutation. Delayed revenue Coral makes specialist plastics, primarily for the food packaging, personal care products and the construction and telecoms markets. The group has manufacturing and distribution facilities throughout the North West of England. Trading during the final quarter of FY26, which ends this month, has been ‘adversely affected’ by the timing of revenues. The delays have affected existing contracts and…
AIM-listed insurance and workplace benefits business Personal Group (PGH) is an exciting growth story with rising margins and a strong balance sheet. After a year of significant strategic progress in 2025, the business has entered 2026 with strong momentum. Personal Group aims to be the champion of affordable and accessible insurance and benefits, keeping companies and their workforces happy, healthy and protected. Insurance revenue and new premium sales are both growing at double-digit rates and 90% of revenue is recurring. With zero debt and £29 million of net cash, close to 30% of its market value, the company looks seriously…
Shares in gambling firm Evoke (EVOK) gained 6% to 41.2p after the company confirmed press talk it had received a bid approach. The rally takes the advance in the shares to over 80% year-to-date. US interest Evoke, which owns the William Hill, 888 and Mr Green brands, said it was in discussions with US firm Bally’s Corp. The US firm has proposed an all-share combination, plus a second plan with a partial cash component, valuing Evoke at 50p/share. Bally’s has until 18 May to announce a firm intention to make a bid or walk away. As usual, there is no…
With the US Q1 reporting season under way, we flag crucial earnings incoming next week from AI infrastructure stock Lam Research (LRCX). We also explain what to look for from Primark-to-Kingsmill owner Associated British Foods (ABF) and Dettol-to-Durex owner Reckitt Benckiser (RKT). Remember, if you value this content, or any of our analysis features and stories, let us know at editorial@sharesify.com. Also, like us on X, Bluesky, Facebook or LinkedIn and be sure to click that ‘follow’ button. And don’t forget to subscribe to our YouTube channel, where you’ll find a wealth of investing podcast material. Lam Research (LRCX) We’ve been talking quite a…
Shares in green hydrogen producer ITM Power (ITM) surged 40% on news the firm had signed a major strategic deal. The agreement with Germany’s Rheinmetall is for ‘several hundred’ plants across Europe to make synthetic fuel for NATO armed forces. Large-scale deployment German firm Rheinmetall, one of Europe’s leading defence contractors, has a project called Giga PtX. The project aims to strengthen defence energy resilience, sovereign fuel capability and operational readiness through decentralised sites for synthetic fuel production. The plan is to build several hundred plants, each with an electrolysis capacity of up to 50 MW and able to produce…
Specialist electronics maker DiscoverIE (DSCV) posted a positive trading update for the year to March 2026. Activity across the group accelerated in the final quarter, resulting in ‘a strong sequential increase’ in sales and orders. Strong demand The firm said its Magnetics & Controls division, which represents around 60% of sales and earnings, saw a strong pick-up in demand. Customers in the industrial and healthcare sectors were particularly active, and Control orders were up sharply for the third quarter running. The Sensing & Connectivity division, which makes up around 40% of sales and earnings, made ‘encouraging progress’. Orders were particularly…
AIM-listed veterinary products firm Animalcare (ANCR) has agreed a takeover by CPP Paw 2, backed by Charterhouse Capital. The cash offer, at 336p per share or a 36% premium to yesterday’s close, values the business at £235.2 million. ‘A superior outcome’ Animalcare said while it was ‘highly confident’ of its standalone prospects, it had received and considered several approaches in recent years. Having evaluated the offer against its growth strategy, the board believes a takeover represents ‘a superior outcome for stakeholders’. The group’s aim was to drive revenue growth in the medium term through organic growth, M&A and new products.…
At-home beauty device maker The Beauty Tech Group (TBTG) posted glowing FY25 results. The firm also raised its profit guidance for this year, its third upgrade since coming to market in October 2025. Margin expansion For the year to December, total revenue rose 39% to £141 million. Within that, own-brand revenue jumped 60% from £88 million to £140.9 million. Sales of the firm’s CurrentBody Skin LED face mask soared 59% to £126 million, while ZIIP Beauty sales climbed 46% to £13 million. Impressively, group gross margins increased from 56.8% to 62.7% with ZIIP Beauty margins expanding to 71.7%. Adjusted EBITDA…
Construction and fit-out group Morgan Sindall (MGNS) has raised its 2026 outlook for the second time this year. The board now sees group pre-tax profit ‘significantly ahead of previous expectations’, which it only set out in February. Strong trading The firm operates through several divisions: Partnership Housing & Mixed-Use Partnerships, Infrastructure, Construction and Fit Out. The improved outlook is largely due to strong trading activity and increased visibility in the Construction and Fit Out divisions. Revenue at the Construction business is now seen at £1.4 billion for the year against £1.3 billion previously, excluding property services. Meanwhile, the operating margin…
Wall Street titan JPMorgan Chase (JPM) saw its shares drop overnight despite a double-digit surge in trading income. Analysts attributed the drop to comments by CEO Jamie Dimon over the ‘increasingly complex set of risks’ facing the economy. Trading-driven quarter For Q1, the bank reported revenue of $50.5 billion against $46 billion last year and a consensus of $48.6 billion. A large part of the ‘beat’ came from investment banking where Markets revenue hit a record $11.6 billion. EPS came in at $5.94 against $5.07 a year ago and a consensus of $5.46, continuing the bank’s record of trouncing forecasts.…













