DOCSLIB.ORG

Trump Reverts to Petulant Five-Year-Old

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Trump Reverts to Petulant Five-Year-Old 11 November 2020 Page 1 Issue 2020/12 www.trendwatch.co.uk 11 November 2020 “Loser” and “sucker” Trump reverts to petulant five-year-old HE TRUMP ABERATION is finally over. The US It’s a vivid illustration of how polarised America is. Stock market sectors electorate have spoken loud and clear. In all- There are tens of millions of voters there, who like me, T ☺ uptrends time record numbers, cannot begin to understand how and despite Covid-19, the peo- FTSE 100 anyone could conceivably vote * Automobiles & parts 4 ple have gone for the “anyone 7,500 for a cruel, narcissistic, amoral, * Banks 2 but Trump” option and deci- racist liar who is arguably com- 7,000 * Electricity 3 sively ousted Trump in favour plicit in the death of 240,000 US Electronic / electrical eq. 33 of Joe Biden. City centres all 6,500 citizens. around the nation erupted in Conversely, there are tens of Equity inv. instruments 107 spontaneous joy and relief. 6,000 millions of other voters who can- FTSE SmallCap ex Inv Co 23 I’ve been predicting this re- 5,500 not understand why people like General industrials 43 sult in these pages for years. me cannot see what to them is 5,000 Industrial engineering 105 Easiest prediction I’ve ever had D J F M A M J J A S O N D J F M A M J J A S O N blindingly obvious: that Trump is Industrial metals 112 to make. a courageous warrior fighting Except that, to borrow a phrase used by Trump to against socialism and for the rule of law. He is Ameri- describe himself, I fear that my claim to be a “very sta- ca’s only bastion against the destruction of US city Stock market sectors ble genius” is quite possibly delusional. centres by the Black Lives Matter movement. downtrends It wasn’t quite the landslide that frankly, I and many Those are the people who constitute Trump’s mas- * Tobacco -2 others were expecting ― although in some vehemently sive base: millions of predominantly white working- anti-Trump states, a landslide is what we got: class people without a college education, living largely Food producers -37 Health care eq. & serv. -19 • Washington D.C: 93.4% : 5.2% for Biden in America’s vast rural areas. This is also the biggest reservoir of overt or covert racism that has plagued Life assurance -38 • Massachusetts: 65.7% : 32.5% for Biden America throughout its history. A large majority of Software & comp. serv. -11 • California: 65.3% : 32.9% for Biden these people believe that Trump can do no wrong. They believe unquestioningly in every lie he utters. Maryland: 62.6% : 35.6% for Biden • That’s why 71 million people just voted for him. • New Jersey: 60.7% : 38.2% for Biden To paraphrase Rudyard Kipling (who, in his poem • Washington State: 60.2% : 37.5% for Biden The Ballad of East and West, originated the phrase that has now graduated to a cliché): ...and several other states where Biden won more than “Oh, Republicans are Republicans and Democrats 55% of the vote. are Democrats, and never the twain shall meet.” Trouble is, for every one of the above states, there The latest result at the time of going to press is that, was a state going just as big for Trump: with counting still in progress and three states left to • Wyoming: 70.4% : 26.7% for Trump call (in two of which Biden is ahead), Biden has won 279 of the all-important Electoral College votes (the • West Virginia: 68.7% : 29.6% for Trump winner needs 270) compared to Trump’s 217. In the • North Dakota: 65.5% : 31.9% for Trump (irrelevant) popular vote count, Biden is beating • Oklahoma: 65.4% : 32.3% for Trump Trump by a margin of more than 5 million votes. That’s 2 million more votes than the 3 million margin • Idaho: 63.9% : 33.1% for Trump that Hillary Clinton beat Trump in 2016; a statistic • Kentucky: 62.6% : 35.7% for Trump that unhinged Trump even more then the fact that Obama’s inauguration ceremony attracted a far bigger • Arkansas: 62.6% : 34.5% for Trump crowd than Trump’s. Another notable achievement by Biden is that he be- TrendWatch Barometer came only the fourth president-elect in the past 100 years to unseat an incumbent president. The others London-listed shares were: % of total no. of % change 1932: Franklin Roosevelt ousted Herbert Hoo- 12-Oct 09-Nov • shares monitored on fortnight ver; OFFICIAL LIST: • 1980: Ronald Regan ousted Jimmy Carter. Uptrends 17.65% 12.57% -5.08% • 1992: Bill Clinton ousted George HW Bush Indeterminate 70.21% 68.95% -1.26% S0 not an anti-Trump landslide, that many were Downtrends 12.14% 18.48% +6.34% predicting, but a very respectable win for the Biden- Harris ticket. AIM-LISTED: So why do I have the unsettling feeling that my bril- Uptrends 17.58% 13.62% -3.96% (Continued on page 9) Indeterminate 64.96% 66.12% +1.16% Downtrends 17.46% 20.26% +2.80% SHARE SELECTIONS IN THIS ISSUE INVESTMENT TRUSTS: Uptrends 19.88% 10.98% -8.90% Beeks Financial Cloud Group (BKS) 4 Indeterminate 73.70% 78.65% +4.95% Bigblu Broadband (BBB) Downtrends 6.42% 10.37% +3.95% Jet2 (JET2) EXCHANGE TRADED FUNDS: Marshall Motor Holdings (MMH) Uptrends 14.61% 13.48% -1.13% Indeterminate 81.46% 83.15% +1.69% Randall & Quilter (RQIH) Downtrends 3.93% 3.37% -0.56% Tremor (TRMR) 11 November 2020 Page 2 SDI soars by nearly a quarter as it shrugs off Covid threat The TrendWatch portfolio: Valuation as at 9 November 2020 Date Buy price Price now gain/ loss F/c gross Mkt. gain/ Outperf. STOP- Share (EPIC) bought (p) * (p) (%) yield (%) loss (%) (%) LOSS ** Aquis Exchange (AQX) AIM 15/10/2020 410.00 435.00 6.1 - 1.2 4.8 348 Arrow Global (ARW) 17/09/2020 106.40 135.80 27.6 - -2.1 30.3 108 Avingtrans (AVG) 23/07/2020 266.00 260.00 -2.3 1.6 -4.0 1.8 232 Blackbird (BIRD) AIM 17/09/2020 20.50 21.25 3.7 - -2.1 5.8 17 Bluebird Merchant Ventures (BMV) 15/10/2020 5.30 5.55 4.7 - 1.2 3.5 4 Cake Box Holdings (CBOX) AIM 17/09/2020 167.00 176.00 5.4 3.5 -2.1 7.6 149 CareTech Holdings (CTH) AIM 02/08/2020 441.00 455.00 3.2 3.2 -1.4 4.6 380 CentralNic (CNIC) AIM 28/05/2020 88.50 76.00 -14.1 - -4.3 -10.3 73 Codemasters Group (CDM) 23/07/2002 353.50 470.00 33.0 - -4.0 38.5 332 CVS Group (CVSG) AIM 25/06/2020 988.00 1314.00 33.0 0.5 -3.0 37.2 998 Eagle Eye Solutions Group (EYE) AIM 02/08/2020 245.00 323.00 31.8 - -1.4 33.7 268 Franchise Brands (FRAN) AIM 15/10/2020 99.50 96.00 -3.5 1.4 1.2 -4.7 80 Frenkel Topping Group (FEN) AIM 15/10/2020 48.50 42.50 -12.4 3.5 1.2 -13.4 39 Future (FUTR) 25/06/2020 1236.00 2055.00 66.3 0.1 -3.0 71.5 1620 Gamesys (GYS) 30/04/2020 877.00 1200.00 36.8 3.1 0.8 35.7 1012 GVC Holdings (GVC) 17/09/2020 905.60 994.60 9.8 - -2.1 12.1 872 Hilton Food Group (HFG) 30/04/2020 1120.00 1150.00 2.7 2.3 0.8 1.8 963 Joules Group (JOUL) AIM 17/09/2020 103.00 104.50 1.5 - -2.1 3.6 92 JTC Group (JTC) 25/06/2020 479.00 538.00 12.3 1.4 -3.0 15.8 430 Macfarlane Group (MACF) 20/08/2020 93.20 91.50 -1.8 2.6 -1.4 -0.5 75 Motorpoint (MOTR) 15/10/2020 286.00 282.50 -1.2 2.2 1.2 -2.4 240 Plus500 (PLUS) 30/04/2020 1250.50 1483.50 18.6 4.3 0.8 17.7 1305 Redcentric (RCN) 23/07/2020 139.00 129.00 -7.2 2.0 -4.0 -3.3 124 Scottish Mortgage Inv. Trust (SMT) 23/07/2020 913.50 1077.00 17.9 0.3 -4.0 22.8 856 SDI Group (SDI) AIM 20/08/2020 64.50 80.30 24.5 - -1.4 26.2 59 Smart Metering Systems (SMS) AIM 30/04/2020 598.00 580.00 -3.0 4.6 0.8 -3.8 520 Sumo Group (SUMO) AIM 28/05/2020 190.00 270.00 42.1 - -4.3 48.4 208 UP Global Sourcing Holdings (UPGS) 23/07/2020 74.70 91.00 21.8 4.6 -4.0 26.9 85 Urban Exposure (UEX) 23/07/2020 56.50 69.50 23.0 7.2 -4.0 28.2 55 Venture Life Group (VLG) AIM 28/05/2020 67.00 103.00 53.7 - -4.3 60.6 83 Averaged gains (%): 14.5 -1.7 16.5 TrendWatch portfolio's percentage profit: 14.47% Change since last full TW: +1.28% Market's percentage profit (tracker fund)†: -1.75% TrendWatch has outperformed market by: 16.50% * Buy price is the price as at close of business on the Thursday following publication of the recommendation.
Load more

Recommended publications
  • May CARG 2020.Pdf
    ISSUE 30 – MAY 2020 ISSUE 30 – MAY ISSUE 29 – FEBRUARY 2020 Promoting positive mental health in teenagers and those who support them through the provision of mental health education, resilience strategies and early intervention What we offer Calm Harm is an Clear Fear is an app to Head Ed is a library stem4 offers mental stem4’s website is app to help young help children & young of mental health health conferences a comprehensive people manage the people manage the educational videos for students, parents, and clinically urge to self-harm symptoms of anxiety for use in schools education & health informed resource professionals www.stem4.org.uk Registered Charity No 1144506 Any individuals depicted in our images are models and used solely for illustrative purposes. We all know of young people, whether employees, family or friends, who are struggling in some way with mental health issues; at ARL, we are so very pleased to support the vital work of stem4: early intervention really can make a difference to young lives. Please help in any way that you can. ADVISER RANKINGS – CORPORATE ADVISERS RANKINGS GUIDE MAY 2020 | Q2 | ISSUE 30 All rights reserved. No part of this publication may be reproduced or transmitted The Corporate Advisers Rankings Guide is available to UK subscribers at £180 per in any form or by any means (including photocopying or recording) without the annum for four updated editions, including postage and packaging. A PDF version written permission of the copyright holder except in accordance with the provision is also available at £360 + VAT. of copyright Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency, Barnard’s Inn, 86 Fetter Lane, London, EC4A To appear in the Rankings Guide or for subscription details, please contact us 1EN.
    [Show full text]
  • R Egeneration C Onstruction
    Regeneration Annual Report 2016 Construction About us Morgan Sindall Group is a leading UK construction and regeneration group. We offer support at every stage of a project’s life cycle through our six divisions of Construction & Infrastructure, Fit Out, Property Services, Partnership Housing, Urban Regeneration and Investments. Construction Regeneration Our services include design, We work in close new build construction, partnership with land infrastructure works, owners, local authorities refurbishment and property and housing associations maintenance in the commercial to regenerate cities with and public sectors. Our multi-phased, mixed-use construction teams work developments. New housing, on projects of all sizes community buildings, shops, and complexity, either leisure facilities and public standalone or through spaces help stimulate local framework agreements economies and provide and strategic alliances. long-term social benefits. FRONT COVER: The Word, a new state-of-the-art Revenue Revenue cultural centre in South Shields containing a library, exhibition space, gaming area, ‘FabLab’ with 3D printers, IT suite, café £ 2.0bn £ 0.6bn and rooftop space. Delivered by Urban Regeneration in partnership 2015: £1.9bn 2015: £0.5bn with South Tyneside Council. Find out more about the Our activities touch the lives of a wide range of stakeholders. We have therefore Group from our website decided to embark on a new approach to our annual report, integrating financial at morgansindall.com. and non-financial reporting within our operating
    [Show full text]
  • Louisiana Connection United Kingdom
    LOUISIANA CONNECTION UNITED KINGDOM RECENT NEWS In January 2015, Louisiana Gov. Bobby Jindal visited the United Kingdom as part of an economic development effort. While there, he also addressed the Henry Jackson Society regarding foreign policy. FOREIGN DIRECT INVESTMENT The United Kingdom is the most frequent investor in Louisiana, with 31 projects since 2003 accounting for over $1.4 billion in capital expenditure and over 2,200 jobs. UK has invested many business service projects in Louisiana. Hayward Baker, a geotechnical contractor and a subsidiary of the UK-based Keller Group, has opened a new office in New Orleans to support customers and projects along the Gulf Coast. Atkins, a design an engineering consultancy, has opened a new office in Baton Rouge, the office aims to increase the firm’s support capabilities for projects throughout Louisiana. CONTACT INFORMATION Tymor Marine, an energy consultancy company, has opened a SANCHIA KIRKPATRICK new office in Kaplan, Louisiana, The opening will serve customers Chief Representative, United Kingdom operating in the Gulf of Mexico. [email protected] T +44.0.7793222939 In June 2013, Hunting Energy Services completed a $19.6 million investment in its new Louisiana facility. JAMES J. COLEMAN, JR., OBE Great Britain Louisiana companies have also established a presence in the UK. www.gov.uk/government/work/usa Including 15 direct investments in the U.K. since 2003 that have T 504.524.4180 resulted in capital expenditures totaling $253 million and the JUDGE JAMES F. MCKAY III creation of 422 jobs. Honorary Consul, Ireland [email protected] T 504.412.6050 TRADE EXPORTS IMPORTS The U.K.
    [Show full text]
  • 8347 Interserve AR 2011 Introduction 4 Ifc-P1 Tp.Indd
    Interserve Plc 2011 Annual Report and Financial Statements Interserve Plc Every day, we’re planning, creating and managing the world around you. 2011 Annual Report and Financial2011 Statements INTERSERVE ANNUAL REPORT 2011 OVERVIEW HIGHLIGHTS Across the world, people wake to a new day. We help make it a great day. PROUD OF THE Every day people wake to put We help build and look after this their plans, dreams and goals world and we do this through the VALUE WE CREATE IN into action. lasting relationships our people have built with a range of partners PLANNING, CREATING, To make this happen they need the and clients worldwide to ensure we places around them – their schools, AND MANAGING THE create value for everyone involved. their workplace, hospitals, shops WORLD AROUND YOU and infrastructure – to function well, to support, inspire and add value to their lives. FINANCIAL HIGHLIGHTS HEADLINE EPS* PROFIT BEFORE TAX FULL-YEAR DIVIDEND 49.3p £ 67.1m 19.0p + 15% + 5% + 6% VIEW 2011 ANNUAL REPORT ONLINE: HTTP://AR2011.INTERSERVE.COM INTERSERVE ANNUAL REPORT 2011 OVERVIEW HIGHLIGHTS Across the world, people wake to a new day. We help make it a great day. PROUD OF THE Every day people wake to put We help build and look after this their plans, dreams and goals world and we do this through the VALUE WE CREATE IN into action. lasting relationships our people have built with a range of partners PLANNING, CREATING, To make this happen they need the and clients worldwide to ensure we places around them – their schools, AND MANAGING THE create value for everyone involved.
    [Show full text]
  • Crr 412/2002
    HSE Health & Safety Executive A survey of UK approaches to sharing good practice in health and safety risk management Prepared by Risk Solutions for the Health and Safety Executive CONTRACT RESEARCH REPORT 412/2002 HSE Health & Safety Executive A survey of UK approaches to sharing good practice in health and safety risk management E Baker Risk Solutions 1st floor, Central House 14 Upper Woburn Place London, WC1H 0JN United Kingdom The concept of good practice is central to HSE’s approach to regulation of health and safety management. There must therefore be a common understanding of what good practice is and where it can be found. A survey was conducted to explore how industry actually identifies good practice in health and safety management, decides how to adopt it, and how this is communicated with others. The findings are based primarily on a segmentation of the survey results by organisation size, due to homogeneity of the returns along other axes of analysis. A key finding is that there is no common understanding of the term good practice or how this is distinguished from best practice. Regulatory interpretation of good practice is perceived to be inconsistent. Three models were identified: A) Large organisations, primarily in privatised industries, have effective Trade Associations where good practice is developed and guidance disseminated industry-wide. B) Large and medium-sized organisations in competitive industries have ineffective trade associations. They develop good practices in-house and may only share these with their competitors when forced to do so. C) Small organisations have little contact with their competitors.
    [Show full text]
  • AUTUMN2016 Your Employee Magazine
    ANNOUNCING OUR WE JUST DON’T CLICK ADVANTAGE THROUGH RESULTS ANY MORE ALIGNMENT Delivering strong results through our Breaking up with the old intranet and Embedding our new approach to supply disciplined growth strategy: P06 getting ready for the new one: P14 chain engagement across the business: P16 AUTUMN2016 Your employee magazine P10 RUNNING REGENERATION Getting to know Stephen Teagle P12 groWing Stronger Tom Nicholson and Andrew Hammond give their views on Linden Homes’ plans and progress WIN Turn to p23 £50 for our competition News | Summer 2016 Evolve is produced on a quarterly basis by the Group Marketing & Communications team. Your input into Evolve is what makes it a success. Keep CONTENTS sending us your stories and telling us what you would like to see featured, as well as what you like about the News magazine, and what we can improve. 04 COMPANY AND PROJECT NEWS Major contract wins and project highlights Melanie Bright 08 APPOINTMENTS & PROMOTIONS Group Marketing & Communications Director Key management moves across the Group 09 QUESTIONS WITH THE PM Keith Lilley tells us all about the new Birmingham Babita Pawar Communications Manager and Conservatoire editor of Evolve 10 RUNNING REGENERATION Getting to know Stephen Teagle Gavin Crumlin 4 Digital Communications Manager Inside our business Jesus Guedez Graphic Designer and creative lead on Evolve 12 GROWING STRONGER Tom Nicholson and Andrew Hammond outline Linden Homes’ plans and progress Ben Kunicki PR Manager for Building, 14 WE JUST DON’T CLICK ANY MORE Partnerships, AH&R and FM The key features of our new intranet 16 ADVANTAGE THROUGH ALIGNMENT Katrina McNicol PR Manager for Scotland & 14 Our new supply chain initiative enjoys early success Investments Paul Kirkwood PR Manager for Infrastructure People in England 19 EMPLOYEE , COMMUNITY AND CHARITY Evolve’s commitment Evolve is printed on paper which complies with HIGHLIGHTS internationally recognised forestry management Your success stories, community activities and standards.
    [Show full text]
  • Annual Report 2007 Download PDF 504.15 KB
    Delivering profitable growth Annual Report and Financial Statements 2007 CONTENTS PERFORMANCE “Galliford Try has had an excellent year. We have delivered significant profit growth across all our businesses, Highlights 01 our recent acquisitions are performing The Group 02 ahead of expectations, and we are Chairman’s Statement 03 confident that our strategy will continue Business Review 04 to deliver sustainable growth and Divisional Reviews 06 increased shareholder value.” Financial Results 11 Corporate Responsibility 14 Greg Fitzgerald Corporate and Social Responsibility Report 16 Chief Executive DIRECTORS AND GOVERNANCE Directors and Executive Board 20 Directors’ Report 22 Corporate Governance Report 24 Remuneration Report 28 FINANCIALS Independent Auditors’ Report – Group 34 Consolidated Income Statement 35 Consolidated Statement of Recognised Income and Expense 36 Consolidated Balance Sheet 37 Consolidated Cash Flow Statement 38 Notes to the Consolidated Financial Statements 39 Independent Auditors’ Report – Company 72 Company Balance Sheet 73 Notes to the Company Financial Statements 74 Five-Year Record 82 Contacts 83 Shareholder Information 84 HIGHLIGHTS For the year ended 30 June 2007 • Results ahead of expectations from Morrison Construction and REVENUE Chartdale Homes in the first full year following acquisition. +65% • Good performance from Linden Homes since acquisition; integration going well with synergies exceeding forecast. • Year end net debt of £99 million, representing gearing of 32 per cent, £1,410 m significantly better than expectations. • Current construction order book maintained at £2.1 billion. PROFIT BEFORE TAX • Record housebuilding completions of 1,526 units and landbank +75% of 11,200 plots. Encouraging sales during the summer period with current sales in hand of £323 million.
    [Show full text]
  • J Jarvis & Sons Ltd V Blue Circle Dartford Estates Ltd [2007]
    J Jarvis & Sons Ltd v Blue Circle Dartford Estates Ltd [2007] APP.L.R. 05/14 JUDGMENT : MR JUSTICE JACKSON: TCC. 14th May 2007 1. This judgment is in seven parts, namely, Part 1 "Introduction"; Part 2 "The Facts"; Part 3 "The Present Proceedings"; Part 4 "The Law"; Part 5 "The Application for an Injunction"; Part 6 "Jarvis's Challenges to the Interim Award"; and Part 7 "Conclusion". Part 1: Introduction 2. This is an action brought by a main contractor in order to prevent the continuance of an arbitration. The contractor seeks to achieve that result either by means of an injunction or, alternatively, by challenging an Interim Award of the Arbitrator. This litigation has been infused with some urgency because it was launched just fifteen days before the date fixed for the start of arbitration hearing. 3. J Jarvis & Sons Limited is claimant in these proceedings and defendant in the arbitration. Prior to 18th February 1997, the name of this company was J Jarvis & Sons plc. I shall refer to the company as "Jarvis". Jarvis is the subsidiary company of Jarvis plc. Blue Circle Dartford Estates Limited is defendant in these proceedings and claimant in the arbitration. I shall refer to this party as "Blue Circle". Blue Circle is a subsidiary company of Blue Circle Industries plc. The solicitors for the parties will feature occasionally in the narrative. Squire & Co are solicitors for Jarvis. Howrey LLP are solicitors for Blue Circle. 4. I turn now to other companies which will feature in the narrative of events. GEFCO (UK) Limited are forwarding agents.
    [Show full text]
  • Constructing and Regenerating
    Constructing and regenerating Annual report and accounts 2011 Constructing and regenerating Morgan Sindall Group is a leading UK construction and regeneration group employing around 7,000 people. The construction, infrastructure and design services of the Group provide clients with innovative and cost-effective solutions throughout the property and infrastructure lifecycle. Working in long-term trusted partnerships, the Group’s expertise in mixed-use and housing-led regeneration is creating large-scale economic and social renewal throughout the country. Construction and Fit Out Affordable Housing Urban Regeneration Investments Infrastructure Specialises in fit out and Specialises in the design Works with landowners Facilitates project Offers national design, refurbishment projects and build, refurbishment, and public sector partners development, primarily construction and in the office, education, maintenance, regeneration to unlock value from in the public sector, by infrastructure services retail, technology and and repair of homes and under-developed assets providing flexible financing to private and public leisure sectors through communities across the UK. to bring about sustainable solutions and development sector customers. The Overbury as a national The division operates a full regeneration and urban expertise covering a wide division works on projects fit out company operating mixed-tenure model renewal through the range of markets including of all sizes across a broad through multiple creating homes for rent, delivery of mixed-use urban regeneration, range of sectors including procurement routes and shared ownership and projects typically creating education, healthcare, commercial, defence, Morgan Lovell specialising open market sale. commercial, retail, housing, emergency education, energy, in the design and build residential, leisure services, defence and healthcare, industrial, of offices in London and and public realm facilities.
    [Show full text]
  • Contents Introduction
    Stock Market Research Platform November 2019 Could be a gem – selection Contents Introduction ............................................................................................................................ 2 ASA International Group Plc – ASAI -Asia & Africa Microfinance Bank - Could be a gem ................................................................................................................................................ 2 Clipper Logistics plc – CLG – hit alongside retail but it is e-fulfilment ............................... 4 Costain Group plc – COST – High pension risks .................................................................. 4 Forterra – FORT – depends on building market in the UK but looks good .......................... 5 Funding Circle PLC – FCH – interesting, trading at cash value but risky ............................ 6 Gem Diamonds Ltd – GEMD – interesting diamond market ................................................ 8 Georgia Capital Plc – CGEO – Interesting exposure to Georgia........................................... 8 Huntsworth plc – HNT – positive tailwinds, could be a gem, but insane............................ 12 Keller Group – KLR – Interesting business ......................................................................... 14 Menzies (John) plc – MNZS – ............................................................................................. 15 MJ Gleeson plc – GLE ......................................................................................................... 17
    [Show full text]
  • 2019 Annual Report and Preliminary Announcement Holdings Limited
    gleeson MJ GLEESON PLC ANNUAL REPORT AND ACCOUNTS2019 BUILDING HOMES CHANGING LIVES MJ GLEESON PLC ANNUAL REPORT AND ACCOUNTS 2019 INTRODUCTION MJ Gleeson plc specialises in low-cost house building and strategic land promotion. MacDonald Park, Farnworth, Greater Manchester StrATEGIC REPort GoVErnANCE FINAnciAL STATEMEnts OTHER InforMAtion CONTENTS Strategic Report Financial Statements Financial Highlights 1 Statement of Directors’ Responsibilities 72 What We Do 2 Independent Auditors’ Report 73 How We Operate 4 Consolidated Income Statement 78 Chairman’s Statement 6 Statement of Financial Position 79 Market Overview 8 Statement of Changes in Equity 80 Chief Executive’s Statement 10 Statement of Cash Flows 82 Business Model 14 Notes to the Financial Statements 83 Strategy 16 Business Review 18 Other Information Corporate Social Responsibility 22 Five Year Review 103 Non-financial Reporting 26 Further Information 104 Financial Review 28 Corporate Directory 104 Risk Management 32 Shareholder Information 104 Financial Calendar 104 Governance Our Website 104 Board of Directors 36 Chairman’s Introduction 38 Governance Report 39 Directors’ Report 44 Audit Committee Report 48 Remuneration Committee Report 54 Remuneration Policy Report 56 Annual Report on Remuneration 64 FINANCIAL HIGHLIGHTS REVENUE CASH & CASH EQUIVALENTS +27.0 % £30.3m 2019: £249.9m, 2018: £196.7m 2018: £41.3m PROFIT BEFORE TAX DIVIDEND FOR THE YEAR +11.4% +7. 8 % 2019: £41.2m, 2018: £37.0m 2019: 34.5p, 2018: 32.0p EARNINGS PER SHARE RETURN ON CAPITAL EMPLOYED +9.7% 25.9% 2019: 61.0p, 2018: 55.6p 2018: 26.6% Cover: Ammie and Harper, Woodthorpe Park, Chesterfield, Derbyshire MJ Gleeson PLC Annual Report and Accounts 2019 1 WHAT WE DO BUILDING HOMES CHANGING LIVES We employ people with outstanding skills which we bring together to build new homes and communities for the benefit of our customers, our shareholders and society at large.
    [Show full text]
  • Efes Database of European Companies 2020 Version
    European Federation of Employee Share Ownership www.efesonline.org March 15, 2020 EFES DATABASE OF EUROPEAN COMPANIES EMPLOYEE SHARE OWNERSHIP / GOVERNANCE / OWNERSHIP STRUCTURE 2020 VERSION The EFES Annual Economic Survey brings a practically exhaustive picture. It is based on the EFES database of European companies. The database gathers all detailed information about employee share ownership, employee share plans and participation in each of all significant European listed companies and in each of all large European majority-employee-owned non- listed companies. In addition, the database gathers also information about corporate governance and about the ownership structure of European companies. The first idea for such a database was tested in 2005. A comprehensive database was set up in 2006, thanks to the support of the European Commission – DG Employment and Social Affairs. Then, the database was annually completed and updated since year 2007. From time to time within the last thirty years, some European reports gave information about employee share ownership and its development across Europe. The most important reports were: PEPPER I Report in year 1991, PEPPER II Report in year 1996 and a Report named "Recent trends in employee financial participation in the European Union" by Professor Erik Poutsma in 2001. At this time, these reports were practically the only source of information regarding the extent of employee share ownership in the European Union. However, they were based on partial information (phone inquiries) which was not made available before a very long delay. For instance, the 2001 Report was "based on the findings of the 1996 EPOC survey (Employee Direct Participation in Organisational Change), conducted on behalf of the [Dublin] Foundation." Finally, we didn't have relevant information for all countries of the European Union (for instance, the 2001 Report gave information about 10 countries, no more).
    [Show full text]