press release

20 June 2019

The Forward Look

The Share Centre gives its thoughts on what to expect from companies announcing results week commencing 24 June 2019.

Monday

ONS Living longer and how the UK's population is changing statistical article

Reports produced by Office for National Statistics (ONS) have long shown the UK’s population is ageing. Latest projections show in 50 years’ time there are likely to be an additional 8.6 million people aged 65 years and over. As flagged by last week’s World Economic Forum’s report one major concern around our ageing population is around consumers not having large enough pensions to support them in retirement. However, investing little and often from an early age can see consumers create a pot which can be used to supplement their chosen lifestyle in later life.

We can provide case studies of investors who are already aware of this issue and are investing to ensure they can live the retirement they desire:

 A 45 year-old man investing for the long term to ensure a better retirement  A 58 year-old woman investing to provide dividend income, with growth for an emergency lump sum release if needed in retirement  A 63 year-old man supplementing his pension  A 67 year-old woman investing for income in retirement  A 70 year old expat man investing for the future

Porvair (Q2 2019 Earnings Release)

A specialist filtration and environmental technology group based in Kings Lynn. An update in May confirmed the group had continued to trade well and in line with management expectations. Their focus is on markets that show long-term growth potential and where the product use is mandatory. The share price has performed well year to date and the company has a good track in growing earnings.

We currently list Porvair as a BUY

Wednesday

Tullow Oil (Q2 2019 Sales and Revenue Release – Trading Statement)

Tullow returned to profitability in 2018 and since the last set of full year results there have been more brokers and analysts sending out positive notes on them. However, they have hit some operational issues during the first half upon which they downgraded full year production expectations. Lower production along with the recent dip in the oil price will hit the revenues figures but this should be somewhat already reflected in the share price.

We currently list as a BUY

John Wood Group (Q2 2019 Sales and Revenue Release – Trading Update)

The oil services group has been particularly hit by lower oil prices along with tensions in the Middle East which has the potential to impacts its contracts. The order book last stood at $10bn and building upon this should help allay some of these concerns especially if these come in sectors other than oil & gas. The restructuring is ongoing with asset disposals still being made while the integration of should still bring through synergy benefits. The last update suggested that debt reduction will be slower than expected so there will be a keen following of the company's balance sheet this time around.

We currently list as a BUY

--Ends--

Notes to editors

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For additional information, please feel free to contact:

Jenny Burke Holly Deegan PR Manager Senior PR Coordinator Teamspirit PR The Share Centre The Share Centre 020 7360 7878 01296 439 129 01296 439 425 [email protected] [email protected] [email protected] om

Twitter: @ShareCentrePR

Risk Warnings: Investing in general, and the products and services mentioned above may not be suitable for all: if in doubt, individuals should seek independent financial advice. The value of investments and the income from them can go down as well as up and investors may not get back their original investment. Past performance is not a reliable indicator of future performance.

The bases and levels of taxation relating to ISAs, CTFs and SIPPs are subject to change and the value of these tax allowances may depend upon the circumstances of the individual.

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