NEW! Investment Companies Centre

Jacques Vert (JQV)

Sector:

General Retailers

Index:

FTSE AIM All-Share

Market Cap

£8.66m

Change Today

Price Unchanged0.000p ()

Share Price

4.50p

Wednesday tips round-up:Bradford & Bingley, Connaught, Persimmon

Date: Wednesday 09 Jul 2008

LONDON (ShareCast) - There are few signs that the markets on which Bradford & Bingley depends are easing, and much of the evidence suggests they are in fact deteriorating at a faster rate, increasing the pressures on the mortgage lender.

Meanwhile the company is still committed to buying £350m of assets from GMAC every quarter, against the threat of rising funding costs.

The underwriters are currently sitting on a hefty paper loss and any attempt to offload their shares following the offer could depress the shares even further. Depositors' money is safe, but any investor with money still tied up in the shares should get out now. Sell says the Telegraph.

Social housing contractor, Connaught issued an upbeat trading statement yesterday. The stock is up by 16% in the last 12 months, but that should continue to progress nicely. As a huge number of companies struggle in what is increasingly looking like a recession in the UK, Connaught should be a relative safe haven and even looks good against its peer group. Buy says the Independent.

Online betting group Partygaming issued a mixed trading statement yesterday, showing revenues falling and a disappointing performance in its poker division, but also that its bingo games are thriving. Some brokers uggest the group is cheap to the rest of the sector trading at 15 times 2008 earnings, falling to 12.1 next year but Partygaming will be a bumpy ride, Cautious hold says the Independent.

The group reckons that full-year results should meet expectations, although, with a settlement with the US Department of Justice still to be negotiated, the shares, at 223½p, or 13 times 2008 earnings, are only for the brave. Avoid says the Times.

Dunelm Group, the out-of-town homewares retailer, yesterday turned in another solid trading update. Total sales for the 12 months to June 30 were up 10.5%, with like-for-like sales ahead 2.5%.A forward rating of seven times might seem mean for a strongly cash-generative company with negligible net debt and a secure yield of nearly 4%. However, with profits likely to be flat this year and sentiment on its sector dire, there is little to drive the shares higher. Pass says the Times.

Animal drugs specialist Dechra is making steady progress in securing US regulatory approval for Vetoryl, a remedy for Cushing’s disease in dogs, which could boost sales by an annual $25m within three years. Dechra sits in a defensive niche (its products are used for critical care) where a shift in sales away from veterinary services to higher-margin pharmaceuticals has yet to run its course. At 417½p, or nearly 18 times current-year earnings, hold on says the Times.

Jacques Vert's trading in the last 10 weeks, which is down 5.9%, indicates that the worst is not over for specialist fashion house and retailer. Investors would be rash to buy any retail stocks for the foreseeable future. Sell says teh Independent.

As it has probably trimmed all available fat from overheads and cut land spend to the minimum, it is almost inevitable housebuiler Persimmon will need to make hefty land bank writedowns at some point. Persimmon is better placed for the downturn than some but the next 18 months will still not be pretty says the FT.

Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Jacques Vert Market Data

Currency UK Pounds
Share Price 4.50p  
Closing Price Change 0.000p
52 Week High 14.00
52 Week Low 4.50
Volume 0
Shares Issued 192.44m
Market Cap £8.66m
RiskGrade 241

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
83.01% above the market average83.01% above the market average83.01% above the market average83.01% above the market average83.01% above the market average
77.46% above the sector average77.46% above the sector average77.46% above the sector average77.46% above the sector average77.46% above the sector average
Price Trend
56.77% below the market average56.77% below the market average56.77% below the market average56.77% below the market average56.77% below the market average
21.62% below the sector average21.62% below the sector average21.62% below the sector average21.62% below the sector average21.62% below the sector average
Income
42.22% above the market average42.22% above the market average42.22% above the market average42.22% above the market average42.22% above the market average
26.92% above the sector average26.92% above the sector average26.92% above the sector average26.92% above the sector average26.92% above the sector average
Growth
81.41% below the market average81.41% below the market average81.41% below the market average81.41% below the market average81.41% below the market average
80% below the sector average80% below the sector average80% below the sector average80% below the sector average80% below the sector average
Price Chg 6m
39.47% below the market average39.47% below the market average39.47% below the market average39.47% below the market average39.47% below the market average
13.51% below the sector average13.51% below the sector average13.51% below the sector average13.51% below the sector average13.51% below the sector average
P/E
77.59% above the market average77.59% above the market average77.59% above the market average77.59% above the market average77.59% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
PEG Not Available
Dividend Yield Not Available
EPS Growth
72.8% below the market average72.8% below the market average72.8% below the market average72.8% below the market average72.8% below the market average
70.21% below the sector average70.21% below the sector average70.21% below the sector average70.21% below the sector average70.21% below the sector average
Operating Margin
16.37% below the market average16.37% below the market average16.37% below the market average16.37% below the market average16.37% below the market average
2.70% above the sector average2.70% above the sector average2.70% above the sector average2.70% above the sector average2.70% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Jacques Vert Dividends

No dividends found

Trades for --2008

Time Volume / Share Price
0 @ 0.000p

Jacques Vert Key Personnel

CEO Paul Allen
Finance Director Ian Johnson

Digital Look have been voted
"Best Research and Information Provider"

4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
Registered in England and Wales (registered no. 3678570).