Moneybags Archives

Moneybags

GETTING OUT OF UDG MAKES SENSE FOR SHAREHOLDERS

June 17, 2021

THE SURPRISE bid by US fund Clayton, Dubilier & Rice (CD&R) for UDG Healthcare may prove timely for investors given the sensitive area... Read more »

RYANAIR SHARES OVERVALUED WHEN COMPARED WITH IAG

June 3, 2021

FLYING HIGH these days is the Ryanair share price despite the very evident turbulence. For some reason the airline is valued not far off... Read more »

GLANTUS BOTTOM LINE HIT BY PUNITIVE INTEREST RATES

June 3, 2021

SOFTWARE DEVELOPMENT companies can prove irresistible to investors, who love nothing more than a ‘platform’ to throw their money at, despite the setbacks... Read more »

DATALEX BANKING ON POST-PANDEMIC BOOST

May 20, 2021

THE PANDEMIC has traumatised the airline industry. With Datalex’s revenue dropping 38% last year from $45m to $28m (following a 30% fall in... Read more »

UNIPHAR NEEDS RIGHT PRESCRIPTION TO JUSTIFY ITS HUGE RATING

May 20, 2021

IT IS impressive how Uniphar has come through the worst of the pandemic. Some other players in the field struggled, such as the... Read more »

DATALEX BANKING ON POST-PANDEMIC BOOST

May 20, 2021

THE PANDEMIC has traumatised the airline industry. With Datalex’s revenue dropping 38% last year from $45m to $28m (following a 30% fall in... Read more »

UNIPHAR NEEDS RIGHT PRESCRIPTION TO JUSTIFY ITS HUGE RATING

May 20, 2021

IT IS impressive how Uniphar has come through the worst of the pandemic. Some other players in the field struggled, such as the... Read more »

HAMMERSON SHARES GROSSLY UNDERVALUED

May 6, 2021

THE GIANT British Hammerson retail property group – the largest such investor in Ireland, controlling the biggest shopping centre here (Dundrum Town Centre)... Read more »

KENMARE RESOURCES NOW A CASH MACHINE

May 6, 2021

THE NEW Sultan of Oman, Haitham Bin Tarik Al Said, must be pleased with Kenmare Resources, which was saved from going under in... Read more »

HOSTELWORLD PRIMED FOR 2022 BOUNCEBACK

April 22, 2021

IT LOOKED bad for Hostelworld when it released its 2020 results revealing a loss of a whopping €50m on the back of an... Read more »

‘GLOBAL’ CRH CONTINUES TO SHRINK

April 22, 2021

MAYBE SOMEBODY should tell CEO Albert Manifold to stop claiming “CRH is the leading global building materials business in the world”. In fact,... Read more »

EAMONN ROTHWELL’S LANDBRIDGE STRATEGY LOOKS ALL AT SEA

April 8, 2021

WITH THE demand for direct Ireland to France RoRo ferry services cresting since Brexit docked on January 1, three of the competitors of... Read more »

TULLOW OIL SHARES WORTH MULTIPLES OF CURRENT PRICE

April 8, 2021

IT WOULD be a real irony should Sam Dossou-Aworet, from whom Aidan Heavey bought Energy Africa for €433m in 2004, end up controlling... Read more »

MCDONAGH FAILS TO CLOSE THE GAP WITH AIB

March 25, 2021

BANK OF Ireland CEO Francesca McDonagh showed her ruthless side by taking the scalpel’s knife to the group’s branch network, announcing the closure... Read more »

EXPOSED DALATA BANKING ON TOURISTS’ QUICK RETURN

March 25, 2021

WITH CEO Pat McCann announcing his intention to resign after “a period of transition” as he reaches the 70 mark, he is leaving... Read more »

KERRY GROUP NEEDS SIGNIFICANT GROWTH TO JUSTIFY RATING

March 11, 2021

THE DECISION by Ed Scanlon to offload the Kerry Group’s stagnant consumer foods division (including the creamery and cooked meats operations) was long... Read more »

SMURFIT KAPPA CONTINUES TO GO BACKWARDS

March 11, 2021

SMURFIT KAPPA has been on the receiving end of plenty of glowing press coverage in recent times, sometimes driven by the focus on... Read more »

RYANAIR FACING TURBULENCE FROM LEANER WIZZ AIR

February 25, 2021

WITH MICK O’Leary now forecasting Ryanair will incur further significant losses in the last three months of its current year ending March 2021,... Read more »

PROVIDENCE SHAREHOLDERS PREPARE FOR BOND BOOST

February 25, 2021

IT WAS reported in the Business Post recently that Providence Resources’ farm-out partner, SpotOn Energy, had approached the Irish exploration company about a... Read more »

APPLEGREEN SHAREHOLDERS HAVE THE POWER TO SHOOT DOWN POOR OFFER

February 11, 2021

BOB ETCHINGHAM and his partner Joe Barrett have made Applegreen a real success, with 559 petrol station forecourts and service centres spread between... Read more »

GOOD TIMES AHEAD FOR ARYZTA SHAREHOLDERS?

February 11, 2021

FORMER ARYZTA chairman Gary McGann effectively signed his own death warrant when he pulled off a hugely damaging 10-for-1 rights issue in September... Read more »

FLUTTER ROLLS THE DICE IN THE USA

January 28, 2021

AS THE US sports betting sector gradually opens, there is clearly a huge market emerging as individual states legislate for online sports betting.... Read more »

GREENCORE’S SHARES CONTINUE TO STRUGGLE

January 28, 2021

PADDY COVENEY has now been CEO of Greencore for more than a decade. His core objective was to turn the group into “a... Read more »

WHY KINGSPAN NEEDS A NEW CHAIRMAN

January 14, 2021

KINGSPAN’S shares have been riding high from €64 on February 21 last year, just before the pandemic hit, at which point they were... Read more »

ABBEY’S MARKET EXIT LONG OVERDUE

January 14, 2021

THE INEVITABLE takeout of Charlie Gallagher’s Abbey plc house-building group by the Gallagher family is, like Anne Heraty’s CPL (bought out by the... Read more »

DATALEX FACING REAL TURBULENCE IN 2021

December 16, 2020

IT IS difficult to know what is going on inside Datalex. The company was already in significant trouble due to accounting irregularities, only... Read more »

SMURFIT KAPPA’S VISION COSTLY FOR SHAREHOLDERS

December 16, 2020

ALMOST THREE years ago, Smurfit Kappa shareholders were presented with a takeover at €40 a share that was rejected out of hand by... Read more »

ANNE HERATY’S RECORD AT CPL RESOURCES

December 3, 2020

IN SELLING her recruitment company, CPL Resources, for €316m, CEO and main shareholder Anne Heraty has hit the jackpot and will personally walk... Read more »

ORIGIN ENTERPRISES FAILS TO HIT OWN TARGETS

December 3, 2020

IN THE 2019 annual report, Rose Hynes, chair of Origin Enterprises, advised her shareholders of “medium-term financial targets to 2023 of upwards earning... Read more »

ANNUAL 2020: MICHAEL O’LEARY’S PANDEMIC OPPORTUNITY

November 19, 2020

MICHAEL O’LEARY is facing an existential moment for Ryanair, a once-in-a-lifetime opportunity to make a seismic difference to the company and help it... Read more »

ANNUAL 2020 – STOCKS & SHARES: WINNERS AND LOSERS IN 2020

November 19, 2020

THIS YEAR, the company leading the winners’ table is one that has lost billions over the years, Providence Resources. The new management, under... Read more »

WHEN WILL HOSTELWORLD SHARES HIT BOTTOM?

November 5, 2020

IN LATE 2015, the hostel-focused online booking platform Hostelworld was floated off in Dublin at €2.70 a share, raising €184m in fresh equity.... Read more »

WHAT IS MICK CARVILL’S NEXT MOVE?

November 5, 2020

MICK CARVILL has been running Kenmare Resources for 36 years, having being drafted in as CEO by his father, Charlie. He survived early... Read more »

OUTSIDE ABBEY SHAREHOLDERS CONTINUE TO SUFFER

October 22, 2020

CHARLIE GALLAGHER continues to retain €100m cash inside Abbey plc rather than buying assets or paying it out to the shareholders by way... Read more »

END OF THE ROAD FOR PETRONEFT INVESTORS?

October 22, 2020

PETRONEFT HAS utterly failed to deliver. Having raised big bucks from investors in 2006 on the basis of impressive production projections and stated... Read more »

WILLIE WALSH’S €2.7BN IAG LEGACY

October 8, 2020

WILLIE WALSH – the most admired airline executive in the world, according to Mick O’Leary – exited the IAG airline conglomerate (which owns... Read more »