Article Category: Moneybags

QUESTIONS OVER UDG’S DISASTROUS SELL-OFF

March 7, 2019
LAST YEAR it was almost impossible to decipher the results for UDG Healthcare (previously United Drug) and, this year, the damage done to the... Read more »

VARADKAR KEY TO OVERDUE PTSB-ULSTER BANK MERGER

March 7, 2019
IN A recent review of British bank RBS, Davy analysts Stephen Lyons and Jack O’Halloran included a small section on its Irish subsidiary, Ulster... Read more »

TIME FOR O’LEARY TO DISEMBARK AT RYANAIR

February 21, 2019
RYANAIR INVESTORS can’t be happy with the company tailspinning into pre-tax losses of U84m for its quarterly three-month trading to the end of December... Read more »

TOASTING STEPHEN GLANCEY AT C&C

February 7, 2019
THE DECISION by C&C to bring in Stephen Glancey and his pals from Scottish & Newcastle a decade ago, to help sort out the... Read more »

INVESTORS IN THE DARK AT PRIME ACTIVE CAPITAL

February 7, 2019
LATER THIS month, the Prime Active Capital (PAC) AGM will be held in Dublin and it is set to be a heated affair. Investors... Read more »

IAG SHARES BETTER VALUE THAN RYANAIR

January 24, 2019
WILLIE WALSH’S International Airlines Group (IAG) is the most profitable airline group in the world, having returned an operating profit of over €3bn last... Read more »

THE SMALL PRINT IN GREENCORE’S €1BN US DISPOSAL

January 10, 2019
PADDY COVENEY has been disappointing his shareholders in Greencore for much of his tenure since he became CEO a decade ago. Given the abysmal... Read more »

AMINEX SHAREHOLDERS SHORTCHANGED BY NEW REGIME

January 10, 2019
BRIAN HALL spent the last 27 years building Aminex from the embers of the Eglinton Oil & Gas oil exploration business in Columbia to... Read more »

DCC’S UNNECESSARY PLACING HURTS SHAREHOLDERS

December 13, 2018
THE MARKET has recently seen two Irish companies raise bucketloads of cash in very different circumstances. Aryzta was in desperate need of funding and... Read more »

TASTY KERRY GROUP NEEDS TO SEPARATE INGREDIENTS

December 13, 2018
A YEAR into the job as CEO of Kerry Group, Edmond Scanlon must be a happy man. The share price is riding high and... Read more »

MAINSTAY SHARE COLLAPSE COULD TEMPT INVESTORS

November 29, 2018
THE COLLAPSE in the share price of Mainstay Medical earlier this month has seen million wiped off the company’s market capitalisation. However, the market... Read more »

GARY MCGANN FAILS TO DELIVER FOR ARYZTA

November 29, 2018
SINCE THE appointment of Gary McGann as chairman of Aryzta in December 2016, the share price has fallen from €40 to its current €1.20,... Read more »

UNEXPLAINED TRENDS AT CPL RESOURCES

November 1, 2018
WHILE CPL Resources has turned in impressive figures, it is nevertheless a pity that husband and wife team Paul Carroll and Anne Heraty have... Read more »

ACCOUNTING GOBBLEDYGOOK AT GREENCOAT RENEWABLES

October 18, 2018
FROM THE off, it has been very difficult to understand exactly what is going on inside Greencoat Renewables. The company’s revenue base – the... Read more »

GOING IS GOOD FOR GOFFS

October 18, 2018
THE LENGTHY spat between John Magnier and Sheikh Mohammed Al-Maktoum was not good for Robert J Goff & Co, with Maktoum’s Godolphin breeding and... Read more »

BAD MEDICINE AT MALIN CORPORATION

October 4, 2018
THE SAME week that Malin Corporation had its explosive AGM (September 13), Don Panoz – the founder of its predecessor company, Elan Pharmaceuticals –... Read more »

ORMONDE MINING’S PATIENT SHAREHOLDERS SET FOR PAYDAY

October 4, 2018
AFTER 25 years of mineral exploration in Spain, Ormonde Mining is on the cusp of delivering a mine producing 13% of the western world’s... Read more »

WAKE-UP CALL FOR GLENVEAGH PROPERTIES

September 20, 2018
IT WAS remarkable that Cairn Homes was able to pull off an audacious fundraising IPO in 2015, together with a whopping €200m founders’ bonus... Read more »

DALRADIAN DELIVERS CROCK OF GOLD

September 20, 2018
UP TO the middle of the last century, Irish schoolchildren would have understood that Ireland had no natural resources outside of farming, other than... Read more »

JOE PURCELL PUSHES MINCON SHARES SKY HIGH

September 6, 2018
THE MINCON group – set up in Shannon in 1977 by Paddy Purcell – floated on the Irish Stock Exchange in 2013 and specialises... Read more »

ABBEY GROUP VS CAIRN HOMES

August 23, 2018
IT WOULD be interesting to know what Charlie Gallagher thinks when he sees Mick Stanley and the boys in Cairn Homes taking out huge... Read more »

BERNARD BYRNE NEEDS TO STOP THE ROT AT AIB

August 23, 2018
THERE HAS been a lot of change at AIB in recent years, but the bank is currently in a sticky situation despite the apparently... Read more »

APPLEGREEN NEEDS TO MOVE INTO FAST LANE

August 9, 2018
THE BIG acquisition of a majority stake in UK motorway service operator Welcome Break is transformative for Applegreen. However, predictably the deal has been... Read more »

OVOCA’S BIZARRE SWITCH OFFERS HUGE UPSIDE POTENTIAL

August 9, 2018
IT IS clearly very odd that a company that has long traded in the natural resources sector has, overnight, turned itself into a pharmaceutical... Read more »

ALAN WALSH NOW HAS THE DOSH TO GROW IPL

July 26, 2018
THE FLOTATION of IPL Plastics (IPLP) on the Toronto Stock Exchange along with the issuing of new shares to raise fresh capital of $178m... Read more »

TIME TO PULL THE PLUG ON PETRONEFT’S RUSSIAN DISASTER

July 26, 2018
PETRONEFT has been one of the biggest disasters on the Irish Stock Exchange, with its shares going from a high of U0.90 in January... Read more »

DRAPER ESPRIT GROWS BUT STILL IMPOSSIBLE TO VALUE

July 12, 2018
NO PRIVATE equity groups are quoted on the Irish Stock Exchange besides Draper Esprit (DE), which floated off on the ESM two years ago... Read more »

KIBO MINING COULD REWARD PATIENCE

July 12, 2018
KIBO MINING, set up in 2008 by Galway geologist Noel O’Keeffe, mainly focused on gold exploration in Tanzania around Victoria Lake. After years of... Read more »

DUDS AND DITHERING AT AMINEX PLC

June 28, 2018
GIVEN THAT Aminex went into production in Tanzania for the first time in April 2016, the first full year figures from the gas field... Read more »

LOTS OF ROOM FOR GROWTH AT YEW GROVE

June 28, 2018
ON THE one hand it is not surprising that another Irish property REIT has been launched on the Irish-UK stock markets given the huge... Read more »