LONDON, June 10, 2014 /PRNewswire/ --
Today, Earnings Review released its analysts' notes regarding Persimmon Plc (LON: PSN), Rightmove Plc (LON: RMV), Alent Plc (LON: ALNT), Herald Investment Trust Plc (LON: HRI) and Northgate Plc (LON: NTG). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/3554-100free.
-- Persimmon Plc Analyst Notes On June 5, 2014, Persimmon Plc (Persimmon) announced that Persimmon Homes South Midlands will start working on a new GBP5 million housing development in Binley. The Company reported that the 2.4 acre parcel of land off Skipworth Road was purchased by Persimmon after original owners 'The Salvation Army Trustee Company' decided that the land was surplus to their requirements. Andy Peters, Managing Director for Persimmon Homes South Midlands, said, "The new build market is extremely competitive and we are acutely aware of the need to build the very best homes in the most sought after locations. With this in mind we are very excited to start-on-site in Binley and expect demand for the homes to be high once the properties are released for sale in July." The full analyst notes on Persimmon are available to download free of charge at:
-- Rightmove Plc Analyst Notes On May 30, 2014, Rightmove Plc (Rightmove) announced a transaction in its own shares through a share buy-back program. The Company purchased 20,000 of its 1 pence ordinary shares at a volume weighted average price paid per share of 2,279.7443 pence. The highest price paid per share was 2,300.50 pence and the lowest price paid per share was 2,238.00 pence. Rightmove informed that it purchased these shares through UBS Limited. As per Rightmove, the number of shares purchased represented 0.0202% of the voting rights attributable to the total ordinary shares in issue prior to such purchase. Rightmove has purchased 30.36 million of its own shares since announcing a share buy-back program on December 28, 2007. The Company stated that the total number of ordinary shares in issue following this announcement is 99.04 million, of which 2.51 million shares are held in treasury. The full analyst notes on Rightmove are available to download free of charge at:
-- Alent Plc Analyst Notes On May 19, 2014, Alent Plc (Alent) issued its Interim Management Statement for the period beginning January 1, 2014 till date. As per the statement, the Company's Net Sales Value (NSV) was GBP98.9 million on a constant currency basis, up 3.7% YoY owing to an increase in demand across the principle electronics and automotive end-markets, driven by growth in automotive unit volumes and improving global consumer confidence, assisting electronics demand. As per Alent, in Assembly Materials, NSV increased to GBP48.1 million, up 3.7% YoY on a constant currency basis and NSV increased to GBP50.8 million, up 3.7% YoY in the Surface Chemistries. Alent will pay a final dividend of 5.71 pence (total dividend of 8.60 pence for 2013) to shareholders on register at May 16, 2014 on June 19, 2014 and announce its Interim Results on August 4, 2014. Alent is a supplier of highly engineered and customised specialty chemicals. The full analyst notes on Alent are available to download free of charge at:
-- Herald Investment Trust Plc Analyst Notes On April 29, 2014, Herald Investment Trust Plc (Herald Investment) released its interim management statement for the period January 1, 2014 to March 31, 2014. The Company reported net sales of GBP8.43 million with purchases of GBP18.99 million. Herald Investment posted NAV total return of 2.8% and the share price total return of 1.6% for the period. Herald Investment reported that GBP25 million had been drawn under the GBP50 million multi-currency facility at March 31, 2014. The Company's issued share capital at March 31, 2014 was 77.68 million. The full analyst notes on Herald Investment are available to download free of charge at:
-- Northgate Plc Analyst Notes Buoyed by the success of its existing branch at Leicester, Northgate Plc (Northgate), on June 3, 2014, announced that it has relocated to a new branch in Cossington. Northgate informed that the new branch will feature various services to help the growing fleet size in the area, particularly amongst businesses operating in the construction, retail and wholesale industries, and will house up to 1,700 vehicles in the long run. Steve Hanna, Northgate Leicester's Branch Manager, said, "The new Cossington branch is situated in a convenient location for local businesses, which will help us to service the needs of companies across a number of key locations. We have experienced a rise in demand for our flexible services over recent years, and it is this that has prompted us to relocate to the north of the city and open larger premises." The full analyst notes on Northgate are available to download free of charge at:
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