Moneybags Archives

Moneybags

SMOOTHER ROAD AHEAD FOR GREAT WESTERN MINING

June 29, 2023

EMMETT O’CONNELL has been working in the Nevada Rockies for the last 20 years looking for gold, uranium and copper. He floated Great... Read more »

AIB SHAREHOLDERS SET FOR PROFIT BONANZA

June 15, 2023
AIB SUPREMO Colin Hunt has had a challenging time since his appointment as CEO in March 2019, trying to keep pace with Bank of... Read more »

HVIVO LOOKING HEALTHIER THANKS TO PANDEMIC

June 15, 2023
WHILE THE effects of the pandemic on businesses are starting to ease, some companies made great leaps forward over the last couple of years.... Read more »

RYANAIR BOOSTS PROFITS ON FOOT OF HIKED FARES

June 1, 2023

MONEYBAGS HAS previously queried Mick O’Leary’s near obsession with growing Ryanair’s capacity for the sake of growing it, rather that seeking to optimise... Read more »

SHAREHOLDERS WELL PLACED DESPITE FBD’S QUIRKS

June 1, 2023

HAVING FAILED to pay out on business interruption insurance to assorted publicans shut down during the pandemic, the deadline is imminent for the... Read more »

CORKERY LEADS DATALEX INTO TURBULENCE

May 18, 2023

THIS IS not the first time that the accounts for airline software outfit Datalex have left Moneybags scratching his head. This time, the... Read more »

GLENVEAGH HOMES SHARE PRICE HIDES PROGRESS

May 18, 2023

DESPITE THE fact that Stephen Garvey’s Glenveagh Properties only kicked off in October 2017, two years after Cairn Homes, the former has managed... Read more »

I-RES REIT ONLY ITSELF TO BLAME FOR REVOLT

May 4, 2023

FANS OF Moneybags are very familiar with the criticism in these pages of the remarkably generous management fee arrangements put in place by... Read more »

MINCON SHAREHOLDERS PREPARE TO MINE PROFITS

May 3, 2023

MINCON, which is headquartered in Shannon, has gradually become a worldwide force in designing and producing rock drilling tools for the mining and... Read more »

P&O STORM DELIVERS SMOOTH SAILING FOR ICG

April 19, 2023

THE LATEST figures from Irish Ferries’ owner Irish Continental Group (ICG) are pretty impressive and reflect the wise move to expand on the... Read more »

VODAFONE SHARES WORTH DOUBLE CURRENT PRICE

April 19, 2023

VODAFONE HAS seen some significant changes at the top recently – and not just in Ireland, where CEO Anne O’Leary switched provider for... Read more »

FLUTTER ENTERTAINMENT’S DANGEROUS US BET

April 6, 2023

PETER JACKSON is preparing to seek an additional listing for Flutter Entertainment (owner of Paddy Power) in the US, with a view to... Read more »

KENMARE RESOURCES SHARES COULD RISE TO €20

April 6, 2023

TWO YEARS ago (see The Phoenix 7/5/21), Moneybags noted that Kenmare Resources shareholders should be happy to “sit tight for the next 12... Read more »

CRH’S SHARE PRICE COULD DOUBLE AFTER US MOVE

March 23, 2023

AS CRH boss Albert Manifold looks towards his legacy, the CEO is rebranding the group as an American business by moving its so-called... Read more »

PTSB MISSING OUT ON ULSTER BANK JAM

March 23, 2023

IT WAS surprising to read media reports earlier this month with headlines such as “Permanent TSB swings to €267m pre-tax profit amid gain... Read more »

MALIN CORP’S SHARES CONTINUE TO BE UNDERRATED BY MARKET

March 8, 2023

DARRAGH LYONS has the valuable quality, as far as Malin Corp shareholders are concerned, of being boring. After the rollercoaster ride during Kelly... Read more »

SMURFIT KAPPA’S CRAZY PROFITS COMING UNDER PRESSURE

March 8, 2023

OVER THREE years after Smurfit Kappa Group (SKG) copped a huge fine for its role in a price-fixing cartel in the cardboard box... Read more »

DCC SHARE PRICE DRIFT PUTS IT INTO PLAY

February 22, 2023

IT IS fair to describe DCC boss Donal Murphy as being in a tough spot as he goes through the process of rebranding... Read more »

UNITED OIL & GAS’S SHARES STRUGGLE DESPITE $7M DEAL

February 22, 2023

WITH THE sale of its Maria discovery block in the North Sea to Quattro Energy for up to $7m (the latter is in... Read more »

BARRYROE OFFSHORE DEAL IS OFF THE WALL

February 9, 2023

CENTRAL TO the current developments at Barryroe Offshore Energy (BOE) (formerly Providence Resources) are the roles of energy minister Eamon Ryan and substantial... Read more »

PENNYS OWNER ABF UNDERRATED BY THE MARKET

February 9, 2023

THE WESTON family, George Weston in particular, pulled off quite the coup when they sold off their Selfridges/Brown Thomas/Arnotts department store group for... Read more »

THE ONLY WAY IS UP FOR GREENCORE

January 26, 2023
HAVING DISAPPOINTED the unfortunate Greencore shareholders over his 13-year reign, Paddy Coveney parachuted out of Greencore and left behind a company that is a... Read more »

CATHAL FRIEL DELIVERS AGAIN AT AMRYT

January 26, 2023

CATHAL FRIEL has plenty of followers who are impressed by his entrepreneurship and optimism. His Raglan Capital supported John Craven’s Cove Energy, which... Read more »

MOLTEN VENTURES INVESTMENTS EXPOSED TO THE DAYLIGHT

January 12, 2023

IT IS far from obvious just what has gone wrong at Molten Ventures, the investment fund previously known as Draper Esprit. What is... Read more »

CAN FD TECHNOLOGIES DELIVER ITS SECOND ACT?

January 12, 2023

NEWRY WOULD not be known to most people for its prominence in the high-finance technology sector, courtesy of Brian Colon, who developed what... Read more »

PTSB MISSES SECOND PAYDAY BUT SHARES STILL FLYING

December 15, 2022

EAMONN CROWLEY, the chief executive of Permanent TSB (PTSB), is a lucky chap. The bank’s former boss, Jeremy Masding, jumped ship in July... Read more »

ARKLE INVESTORS BETTING ON GLENCORE MOVE

December 15, 2022

ARKLE RESOURCES, previously known as Connemara Mining, has been engaged in mineral exploration in Ireland for just on 20 years and has worked... Read more »

GREAT WESTERN’S GROWING PROSPECTS

December 1, 2022

EMMETT O’CONNELL floated off the tiny Great Western Mining exploration vehicle in Dublin in 2011, which focused on licences he had acquired in... Read more »

GREENCOAT MANAGERS CONTINUE TO REAP THE REWARDS

December 1, 2022

GREENCOAT RENEWABLES raised €270m at €1 a share in 2017. It has since gone on to raise over €1bn from investors, most recently... Read more »

ANNUAL 2022: MONEYBAGS – WINNERS AND LOSERS IN 2022

November 17, 2022

AGAINST THE backdrop of rising inflation and interest rates, not too many companies were going to push ahead this year, other than the... Read more »

ANNUAL 2022: MONEYBAGS PROFILE – KELLY MARTIN AND MALIN TODAY

November 17, 2022

THE CONTROVERSIAL Kelly Martin has made his mark on the Irish investment scene. Having debuted just on 20 years ago when he was... Read more »

ANNUAL 2022: MONEYBAGS – WHICH COMPANIES ARE SET TO THRIVE IN TROUBLED 2023?

November 16, 2022

AGAINST THE background of soaring interest rates, rocketing energy prices and the effect on supply lines of increasing tensions between the US and... Read more »

ORIGIN SHARE PRICE FAILS TO REFLECT PERFORMANCE

November 2, 2022

ORIGIN ENTERPRISES doesn’t often make headlines. As a supplier of agronomy services and agricultural inputs such as fertiliser and seed, the significant inflation... Read more »

DIAGEO’S MENEZES NEEDS TO EARN HIS BIG BUCKS

November 2, 2022

READING THE analysis of Diageo’s very well paid CEO, Ivan Menezes, investors could imagine that the group had a fantastic year in the... Read more »

END OF THE (PIPE) LINE FOR PETRONEFT?

October 19, 2022

IN 2006 Denis Francis floated off Petroneft Resources, with its focus on exploring for oil in the Tomsk Oblast region of central Siberia.... Read more »

IMPRESSIVE DALATA RESULTS DON’T IMPRESS MARKET

October 19, 2022

AFTER DALATA Hotel Group founder Pat McCann exited the company last year, the reins were handed over to Dermot Crowley. The market is... Read more »