Moneybags Archives

Moneybags

KERRY GROUP DEAL A BONANZA FOR CO-OP SHAREHOLDERS

December 12, 2024

AFTER A decade of bickering, Kerry Co-Op Creameries has eventually agreed to a €500m deal to buy the listed Kerry Group’s Irish dairy... Read more »

NEW LOOK AT I-RES REIT, SAME OLD PROBLEMS

December 12, 2024

HAVING SURVIVED the attempted ousting of the board by Jeff Olin’s Vision Capital Corp (VCC) early this year, I-Res Reit nevertheless has a... Read more »

BALMORAL SHAREHOLDERS SUFFER AS EXECS RAKE IT IN

November 28, 2024

THE PRIMARY fiduciary duty of directors is to serve the interests of all the company’s shareholders. In the case of Balmoral International Land... Read more »

DCC’S NOT-SO-GREEN ENERGY U-TURN

November 28, 2024

FOR OVER two decades Moneybags has been recommending that DCC rationalise the group and instead focus on the more important energy division. Now this... Read more »

ANNUAL 2024: MONEYBAGS – SHARES SET TO THRIVE IN UNCERTAIN 2025

November 14, 2024

FOLLOWING ON from a decade of low interest rates running at nil or even negative percentages – the predictable fallout from the 2008... Read more »

ANNUAL 2024: MONEYBAGS – WINNERS AND LOSERS IN 2024

November 14, 2024

THE BEST performing stock for 2024 is something of an outlier, Ovoca Bio, with its stock doubling, albeit from a really low 1c... Read more »

ANNUAL 2024 – MONEYBAGS: TONY SMURFIT

November 14, 2024

NOW 60, it is gobsmacking that Tony Smurfit finds himself as the boss of the largest packaging company in the world, Smurfit Westrock,... Read more »

PTSB STILL FAILING TO CHALLENGE PILLAR BANKS

October 31, 2024

THE RECENT half-year figures for Permanent TSB (PTSB) reveal that annualised earnings for 2024 are around 15c, which leaves these shares on a... Read more »

FD TECHNOLOGIES NOW A PALE SHADOW OF FORMER SELF

October 31, 2024

THIS MONTH’S £230m sell-off of the original core derivatives activity of FD Technologies group – founded by the impressive Brian Conlon, who died... Read more »

GLANBIA SHARES UNFAIRLY RATED BY MARKET

October 17, 2024

SIOBHÁN TALBOT clearly made an impact at Glanbia over the decade of her reign up to last year and her successor, Hugh McGuire,... Read more »

CLONTARF ENERGY’S LITHIUM LONG SHOT

October 17, 2024

IT IS still not clear why John Teeling stood down as executive chairman of Clontarf Energy three years ago. It may be that... Read more »

MINCON’S MYSTERIOUS REVERSAL OF FORTUNES

October 3, 2024

IT WAS quite the setback last year for the now 86-year-old founder of Mincon, Paddy Purcell, who saw his company suffer a serious... Read more »

POST-GRENFELL KINGSPAN’S PERFORMANCE LOOKING OMINOUS

October 3, 2024

IN THE immediate aftermath of last month’s Grenfell Tower Inquiry phase two report, Kingspan’s PR spinners were quick out of the blocks to... Read more »

AER LINGUS IN FOR A BUMPY RIDE

September 19, 2024

AFTER THE high-profile industrial relations stand-off at Aer Lingus, the airline is in the bad books of its owner, International Airlines Group (IAG).... Read more »

ONEVIEW HEALTHCARE IN SEARCH FOR RIGHT MEDICINE

September 19, 2024

IT WAS considered a surprising move when Darragh Lyons jumped ship from Malin Corp last Christmas, at a time when he seemed to... Read more »

TIME FOR FLUTTER ENTERTAINMENT TO DIVERSIFY

September 5, 2024

FLUTTER ENTERTAINMENT – operating mainly through FanDuel – is now the dominant betting platform across the Atlantic, with gross turnover last year of... Read more »

CONROY GOLD SHAREHOLDERS FEEL THE PAIN

September 5, 2024

IT MUST have come as a shock to Conroy Gold and Natural Resources shareholders that, after spending €5.65m drilling the Conroy Gold Irish... Read more »

HAMMERSON DROPS €½BN ON ITS SALE OF VALUE RETAIL STAKE

August 22, 2024

INVESTORS DON’T like surprises. The CEO since November 2020 of Hammerson plc, the largest retail property investor in this country, is Rita-Rose Gagné... Read more »

BANK OF IRELAND PROFITS FROM DUOPOLY BUT SHARES UNDERVALUED

August 22, 2024

ALONG WITH seeking to ensure that the Irish banking system is a solid one, the Central Bank of Ireland (CBI) has a key... Read more »

HOSTELWORLD SET TO BOOK BIG PROFITS AS COSTS TUMBLE

August 8, 2024

THERE ARE not too many sectors globally where an Irish company is the dominant player. This is the case for Hostelworld, which is... Read more »

MARKET FINALLY CATCHES UP WITH MALIN’S VALUE

August 8, 2024

MALIN CORPORATION has been on quite the journey in recent years but it looks like the market has finally woken up to the... Read more »

TURBULENCE TO CONTINUE FOR DATALEX SHAREHOLDERS

July 25, 2024

IN SOME rather honest observations, the recently arrived CEO at Datalex, Jonathan Rockett, confirmed in his first annual report review that the agreement... Read more »

WHAT NEXT FOR OVOCA BIO INVESTORS?

July 25, 2024

IN A surprise move after the failure of the clinical trials for Ovoca Bio’s Orenetide drug, the CEO, Kirill Golovanov, resigned last week.... Read more »

CHAOTIC C&C’S PROFITS SET TO GET VERY FIZZY

July 11, 2024

THE C&C saga continues to deliver twists and turns. Less than one year after David Forde stepped down with immediate effect as chief... Read more »

TONY SMURFIT’S US DREAM COULD BE A NIGHTMARE

July 11, 2024

IF THE agreed €7bn takeover of DS Smith group by International Paper (IP) goes through, this could be Tony Smurfit’s worst nightmare, just... Read more »

NO TOAST FOR DEBRA CREW AT DIAGEO

June 27, 2024

IT WAS never going to be easy for the new CEO of Diageo to follow Ivan Menezes’s decade-long reign to June 2023. While... Read more »

AMINEX SHARES DOUBLE AS TANZANIA HEATS UP

June 27, 2024

THE LAST five years have been hugely frustrating for Aminex shareholders, who have been waiting for the company to drill its critical third... Read more »

KEYWORDS STUDIOS PLAYING THE RIGHT GAME

June 13, 2024

KEYWORDS STUDIOS plc was established in Dublin in 1997 before eventually floating on the AIM market in 2013, driven by then CEO Andrew... Read more »

PROFITABLE RYANAIR’S PROBLEM IN THE COCKPIT

June 13, 2024

THE RYANAIR results for the full year to March 2024 show a modest 9% increase in passenger numbers to 184 million but a... Read more »

TIME FOR KEN MURPHY TO TAKE TESCO OUT OF EASTERN EUROPE

May 30, 2024

DUBLIN-BASED Cork native Ken Murphy has one of the biggest retailing jobs in Britain, heading up the £62bn Tesco behemoth. Founded by Jack... Read more »

CATHAL FRIEL’S EGT LOOKS TASTY FOR RISK TAKERS

May 30, 2024

AT A time when there are fewer and fewer flotations on this side of the Atlantic, Cathal Friel, the CEO and founder of... Read more »

AIB’S ‘ODD-LOT OFFER’ LEAVES MUCH TO BE DESIRED

May 16, 2024

AIB IS more profitable than ever, recording a €2bn profit last year, but the decision to buy in the holdings of tiny shareholders... Read more »

TIME FOR ABF TO SPIN OFF PENNEYS/PRIMARK

May 16, 2024

THERE ARE critics who suggest that Arthur Ryan’s Penneys/Primark legacy will not stand up in the online world. This is a dilemma for... Read more »

CRH SHARES PLATEAU AFTER US ROCKET RIDE

May 2, 2024

THE SWEDES in Cevian Capital will have been popping the champagne corks as a result of the explosion in the CRH share price... Read more »

CORRE ENERGY’S CORE PROBLEM IS MONEY

May 2, 2024
WITH THE 2023 figures for Corre Energy due to be released at the end of this month, investors will be looking to see if... Read more »

PHILIPS DELIVERING BLAND TASTE AT GREENCORE

April 18, 2024
NO DOUBT there were high hopes in Greencore that the new CEO, Dalton Philips, would be able to revolutionise the company. It certainly hasn’t... Read more »