Article Category: Moneybags

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 »

UNLOVED ORIGIN ENTERPRISES SHARES UNDER-RATED

December 12, 2019

TOM O’MAHONY has taken two significant steps in his ongoing development of Origin Enterprises. Most recently, there was the €48m sale of the... Read more »

RYANAIR’S BOTTOM LINE BOOSTED BY BOEING’S BAD NEWS

November 28, 2019

NOT TOO many observers realise that the ongoing Boeing 737 Max debacle has had a beneficial side-effect for Ryanair shareholders, as it has... Read more »

GLANBIA’S ACQUISITION STRATEGY FAILS TO DELIVER

November 28, 2019

FROM BEING one of the darlings on the stock market, Glanbia’s star has waned over the last year. The shares fell back from... Read more »

GREEN REIT BONANZA FAR FROM A DONE DEAL

October 31, 2019

THE IMMINENT exit from the market of Green REIT represents an eye-watering killing for founders Steve Vernon and Pat Gunne, who will have... Read more »

BOOMING CPL CAN’T RECRUIT BIG SHAREHOLDERS

October 31, 2019

ANNE HERATY and her husband, Paul Carroll, are the dominant shareholders in the CPL recruitment group, with a combined 35% shareholding, which gives... Read more »

ARYZTA’S SLOW RECOVERY REFLECTED IN SHARE PRICE

October 16, 2019

IT HAS never been explained why former Aryzta CEO Owen Killian bought a minority 47.8% stake in French frozen foods retailer Picard, for... Read more »

PETRONEFT SHAREHOLDERS SHOULD PREPARE FOR THE WORST

October 16, 2019

THE RESIGNATION last November of the founder of PetroNeft Resources, Denis Francis, was merely another negative development for a company in way over... Read more »

ABBEY’S IRISH PERFORMANCE LOOKS EMBARRASSING

October 3, 2019

CHARLIE GALLAGHER has managed to take his family shareholding in the ‘listed’ Abbey plc house-building group from 24% to 82%, while failing to... Read more »

TONY O’REILLY JNR’S PROVIDENCE PANTOMIME

October 3, 2019

DEALING WITH the Chinese on the development of the Barryroe oilfield was never going to be easy, but it did hold out the... Read more »

AIB IS UNDERVALUED BY MARKET

September 5, 2019

WITH BANK of Ireland (BoI) aiming to be the “national champion bank”, it is difficult to know where this puts AIB, which has... Read more »

DCC’S HIGH SHARE RATING HARD TO JUSTIFY

September 5, 2019

SINCE HE took charge in July 2017, Donal Murphy has partly reduced the breadth of DCC’s operations as it retreats somewhat from its... Read more »

WHY IS MICK O’LEARY STILL IN THE COCKPIT?

August 22, 2019

IT IS a reflection of his overwhelming influence in Ryanair that the end of the runway is not yet in sight for Mick... Read more »

FIRST DERIVATIVES AFTER BRIAN CONLON

August 22, 2019

THE DEATH last month of Brian Conlon is a blow not just for his family and his company, First Derivatives (FD), but also... Read more »