Article Category: Moneybags

KERRY GROUP’S SHARE RATING LOOKS TOO HIGH

September 10, 2020

KERRY GROUP is now worth over E19bn, having floated off at IR£0.52 in the early 1980s, with the shares now at U114. Over... Read more »

CHEAP AIB SHARES DON’T REFLECT RECOVERY POTENTIAL

August 27, 2020

AIB BOSS Colin Hunt must be wondering why he is coming under fire in the media, with the Irish Times, for example, accusing... Read more »

CASHING OUT AT IPL PLASTICS

August 27, 2020

ARYZTA AND Origin were spin-offs from Philip Lynch’s IAWS, with the other remnants transformed by him into a conglomerate and brought together under... Read more »

C&C SHAREHOLDERS DESERVE EXPLANATION FOR CEO EXIT

August 13, 2020

THE UNPLANNED departure of a CEO, requiring the chair to step in as temporary boss, is rarely a sign that things are going... Read more »

VERMILION ENERGY’S CORRIB EXPERIENCE

August 13, 2020

OFFSHORE OIL and gas exploration have been attracting plenty of attention, with the Greens (and Sinn Féin) pushing a ban on this activity... Read more »

DATALEX’S CRASH LANDING COULD ATTRACT BUYERS

July 30, 2020

WHEN THE 15-month-long suspension was lifted earlier this month, Datalex shares collapsed 75% to 22.5c. The suspension was lifted by Euronext Dublin and... Read more »

KAINOS SHARES BUCK THE MARKET TREND

July 30, 2020

WHILE THE Covid-19 crisis has knocked the stuffing out of many companies, this is certainly not the case for the Belfast-based Kainos IT... Read more »

FLUTTER ENTERTAINMENT’S BET ON SMURFIT’S GAN

July 16, 2020

AFTER YEARS of struggling, 45-year-old Dermot S Smurfit has hit the jackpot with a $50m equity raise, floating on the American Nasdaq market... Read more »

OVOCA BIO’S SHAREHOLDERS FEELING THE RUSSIAN COLD

July 16, 2020

SHAREHOLDERS IN Ovoca Bio must be increasingly bewildered at the approach being taken by the Russians who control the company, where Kirill Golovanov... Read more »

PROVIDENCE RESOURCES’ STRANGE DEAL WITH SPOTON ENERGY

July 2, 2020

TONY O’REILLY Jnr has had an eventful career and the end came last December with Providence share price sitting at 5c, having peaked... Read more »

PERFECT STORM HAMMERS HAMMERSON SHAREHOLDERS

July 2, 2020

HAMMERSON PLC (owner of Dundrum Town Centre) is the most significant retail property investor in this country. However, CEO David Atkins stepped down... Read more »

ICG SHAREHOLDERS FACING PERFECT STORM

June 18, 2020

IF EAMONN ROTHWELL thought that 2018 was his annus horribilis, then he ain’t seen nothing yet. Irish Continental Group (ICG) has been hit... Read more »

BREEDON GROUP FIGURES REVEAL MASSIVE IRISH CEMENT MARGINS

June 18, 2020

ONE OF the bigger deals struck in this country is Kevin Lagan’s €500m cash sale of his Lagan cement, concrete and aggregates business... Read more »

TIME TO EXAMINE AMINEX’S ACTIVITIES

June 4, 2020

IT IS difficult to know what exactly is going on inside Aminex and exactly where it is getting its leadership from. What is... Read more »

RYANAIR HAMMERED BY COVID AND FUEL HEDGES

June 4, 2020

THE INTERNATIONAL passenger airline business is in tatters courtesy of Covid-19. Warren Buffett dumped all Berkshire Hathaway’s airline holdings on the basis that... Read more »

YEW GROVE REIT’S PANDEMIC VACCINE

May 21, 2020

NOT ONLY was Yew Grove REIT a late arrival to the Irish property recovery party, but with a portfolio of €141m, it is... Read more »

CRH: ASIAN NIGHTMARE AND AMERICAN DREAM

May 21, 2020

ON FOOT of the pandemic-induced shutdown in March, CRH’s shares collapsed from €36 in February to a low of U16 the day after... Read more »

MAINSTAY MEDICAL’S UNHEALTHY TREATMENT OF SHAREHOLDERS

May 7, 2020

MAINSTAY MEDICAL floated off in Dublin six years ago at €21 a share, raising €18m, but it has proved an underperformer ever since.... Read more »

CAIRN HOMES FACING A TOUGH 2020

May 7, 2020

CAIRN HOMES has some notable features, including a huge number of new housing unit completions. Most notable, however, was the way in which... Read more »

JEREMY MASDING CUTS AND RUNS FROM PTSB

April 23, 2020

PERMANENT TSB is a real mess and, after eight years trying to sort it out, CEO Jeremy Masding threw in the towel. Last... Read more »

GRAFTON GROUP SHARE COLLAPSE OVERDONE

April 23, 2020

GAVIN SLARK had a unique opportunity to realise the goal of his predecessor, Mike Chadwick, to turn Grafton Group into “a leading international... Read more »

FLUTTER ENTERTAINMENT GETS THE FLUTTERS

April 9, 2020

COVID-19 has severely impacted Flutter Entertainment. CEO Peter Jackson has estimated that the closedown of global sporting events will hit the bottom line... Read more »

THE REAL COST OF NAMA’S QUINLAN LOANS

April 9, 2020

MICK WALLACE may be gone to Strasbourg, but his legacy was evident last month with the publication of a report into the sale... Read more »

WALSH’S ‘KICKING AND THUMPING’ AT IAG

March 26, 2020

AFTER TRANSFORMING British Airways (BA) into the hugely successful International Airlines Group (IAG) over the last 15 years, Willie Walsh announced his premature... Read more »

BANK OF IRELAND MISSING ITS OWN TARGETS

March 26, 2020

WHEN FRANCESCA McDonagh was appointed CEO of the Bank of Ireland in October 2017, there were high expectations that, as an outsider, she... Read more »

I-RES REIT NEEDS TO ACT ON BIG CANADIAN FEES

March 12, 2020

THE GIANT Canadian Capreit residential investment group manages 50,000 apartments across the Atlantic and has being doing rather nicely out of the Irish... Read more »

DEPRESSED DALATA FACES DOUBLE WHAMMY

March 12, 2020

WITH A likely hard Brexit coming down the tracks at the end of this year and Ireland’s tourist trade hugely dependent on the... Read more »

URGENT ACTION REQUIRED AT UDG

February 27, 2020

IT HAS been difficult in recent years to make sense of the accounts of UDG Healthcare. Ever since the previous CEO, Liam Fitzgerald,... Read more »

MENEZES FAILS TO JUSTIFY £12M DIAGEO PACKAGE

February 27, 2020

ONE OF the biggest successes the Diageo group has had over the last 20 years is its Guinness Storehouse project, which has grown... Read more »

QUESTION MARK OVER C&C AFTER GLANCEY’S EXIT

February 13, 2020

STEPHEN GLANCEY surprised the market last month when C&C announced on January 16 that he was to step down as CEO “with immediate... Read more »

OPEN ORPHAN’S STOCK MARKET PRESCRIPTION

February 13, 2020

CATHAL FRIEL has been putting together a group of companies in the clinical research organisation sector. Rather than competing with the multi-billion euro... Read more »

IAN IRELAND IMPRESSES AT DONEGAL INVESTMENTS

January 30, 2020

IAN IRELAND, a Denis Brosnan acolyte at Kerry Group, has been running Donegal Creameries – now called the Donegal Investment Group (DIG) –... Read more »

KOLLECT TAPS SCANDINAVIAN MARKET

January 30, 2020

WATERFORD entrepreneur John O’Connor pulled off a neat trick in raising €2.5m by offering shares in his Kollect waste operation at €1.33 on... Read more »

GREENCORE’S SHARE-PRICE RISE DEFIES LOGIC

January 16, 2020

A READING of Greencore’s 2019 annual report could suggest a highly successful business that claims to be focusing on “sustained growth and returns... Read more »

MARKET OVERDOES TULLOW SHARE COLLAPSE

January 16, 2020

THE SURPRISE stepping down on December 9 of Tullow Oil’s relatively recently appointed (April 2017) CEO, Paul McDade, and the equally sudden resignation... Read more »

FIONA MULDOON LEAVES FBD STRUGGLING

December 12, 2019

DESPITE THE poor track record of Irish-owned general insurance companies – Equitable Insurance, PMPA, AIB’s Insurance Corporation of Ireland and Quinn Direct –... Read more »