News Column

Technical Updates, Senior Level Appointments, Drilling Operations Outcome, and NAV Updates - Analyst Notes on Ocado, Wolseley, Ophir, Aberforth and Hargreaves

June 30, 2014



LONDON, July 1, 2014 /PRNewswire/ --


Editor Note: For more information about this release, please scroll to bottom.

Today, Earnings Review released its analysts' notes regarding Ocado Group PLC (LON: OCDO), Wolseley plc (LON: WOS), Ophir Energy Plc (LON: OPHR), Aberforth Smaller Companies Trust plc (LON: ASL) and Hargreaves Lansdown PLC (LON: HL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/4321-100free.

-- Ocado Group PLC Analyst Notes On June 26, 2014, Ocado Group PLC's (Ocado) stock moved up 3.66% to end the trading session at 362.80 pence, outperforming the FTSE 100 that gained 0.02% during the same session. Shares in Ocado opened the session at 350.60 pence and oscillated in the range of 350.60 pence - 366.40 pence. The stock has a 52-week high of 624.93 pence and a 52-week low of 270.90 pence. Over the past one month, the stock has gained 7.16%, outperforming the FTSE 100 that lost 1.52% over the same period. The full analyst notes on Ocado are available to download free of charge at:

http://earnings-review.com/4321-OCDO-01Jul2014.pdf

-- Wolseley plc Analyst Notes On May 22, 2014, Wolseley plc (Wolseley) announced the appointment of John Daly and Jacky Simmonds as the Non-Executive Directors of the Company's Board, effective May 21, 2014. Wolseley informed that both John Daly and Jacky Simmonds have joined the Audit, Remuneration and Nomination Committees of the Board. Commenting on the Board changes, Gareth Davis, Chairman, said, "We are delighted to welcome John and Jacky to Wolseley. John brings a wealth of experience working in major international Plc's which will be a great asset. Jacky is a highly experienced international HR professional and will bring important specialist skills to the Board." The full analyst notes on Wolseley are available to download free of charge at:

http://earnings-review.com/4321-WOS-01Jul2014.pdf

-- Ophir Energy Plc Analyst Notes On June 26, 2014, Ophir Energy Plc (Ophir) announced that it has completed drilling operations at the Okala-1 well in the Mbeli Block offshore Gabon, but found no significant hydrocarbon shows in the target reservoirs. Ophir, which owns a 50% net operated interest in the well, said its share of the Okala-1 well costs was partially covered by carries from the Company's joint venture partners. "Okala marks the end of Ophir's 2014 exploration campaign in Gabon. Initial analysis indicates that the well failed due to either source and/or charge issues at this location," said CEO Nick Cooper in a statement. Cooper further added that the Company will now use the information gleaned from 2014 programme to refine its understanding of the sub-salt basin architecture and source distribution and to direct future exploration activity on the blocks. The full analyst notes on Ophir are available to download free of charge at:

http://earnings-review.com/4321-OPHR-01Jul2014.pdf

-- Aberforth Smaller Companies Trust plc Analyst Notes On June 27, 2014, Aberforth Smaller Companies Trust plc (Aberforth) announced that its Ordinary Share Net Asset Value (NAV), which includes current year revenue, increased to 1,180.41 pence as at the close of business on June 26, 2014. The Ordinary share NAV stood at 1,165.88 pence as at the end of previous day. As of June 26, 2014, the Trust had bank debt facilities that allow gearing of up to 11.1% of Shareholders' Funds. The Trust had approx. 95.4 million ordinary shares of 1 penny each in issue. The full analyst notes on Aberforth are available to download free of charge at:

http://earnings-review.com/4321-ASL-01Jul2014.pdf

-- Hargreaves Lansdown PLC Analyst Notes On June 19, 2014, Hargreaves Lansdown PLC (Hargreaves) announced, in compliance with the Listing Rule 9.6.14, that the Company's Non-Executive Chairman, Mike Evans was appointed as the Non-Executive Chairman of Zoopla Property Group with effect from May 22, 2014. Also, Mike Evans will step down from the Board of CBRE Global Investors Group (U.K.) Limited on July 15, 2014. The full analyst notes on Hargreaves are available to download free of charge at:

http://earnings-review.com/4321-HL-01Jul2014.pdf

=============== EDITOR'S NOTES: ===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

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