LONDON, June 6, 2014 /PRNewswire/ --
Today, Earnings Review released its analysts' notes regarding Hunting plc (LON: HTG), Ocado Group PLC (LON: OCDO), Wolseley plc (LON: WOS), Ophir Energy Plc (LON: OPHR) and Aberforth Smaller Companies Trust plc (LON: ASL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/3426-100free.
Hunting plc Analyst Notes
On May 2, 2014, Hunting plc (Hunting) announced share awards to the Executive Directors of the Company following the approval of the 2014 Hunting Performance Share Plan (HPSP) at the Company's Annual General Meeting held on April 16, 2014. Hunting informed that on May 1, 2014, the Company granted conditional award at nil cost to Dennis Proctor to acquire 255,050 shares in the capital of the Company, while Peter Rose was granted conditional options at zero cost, to acquire 72,238 shares in the capital of the Company. Further, both these grants were in accordance to the rules set under HPSP. According to the Company, the numbers of shares to be granted were calculated by using average closing mid-market price of a Hunting PLC share over the five consecutive dealing days prior to the date of grant at 866.3 pence per share. The full analyst notes on Hunting are available to download free of charge at:
Ocado Group PLC Analyst Notes
On June 2, 2014, Ocado Group PLC (Ocado) in a press release announced its voting rights and capital in accordance with the FCA's Disclosure Rules and Transparency Rules. Ocado informed that as on May 31, 2014, the Company had issued 620.3 million ordinary shares of 2 pence each. Further, each ordinary share carries one voting right in relation to all circumstances at general meetings of Ocado. The Company informed that out of the total shares issued, 452,284 shares are held by Greenwood Nominees Limited, while 35.2 million shares are held by Greenwood Nominees Limited (Greenwood) on behalf of Appleby Trust (Jersey) Limited, the independent company which is the trustee of Ocado's employee benefit trust (the EBT Trustee). Further, both Greenwood and Jersey have waived their right to exercise voting rights and to receive dividends in respect of these ordinary shares. The full analyst notes on Ocado are available to download free of charge at:
Wolseley plc Analyst Notes
On June 3, 2014, Wolseley plc (Wolseley) released the interim management statement for Q3 FY 2014 and 9M FY 2014 (period ended April 30, 2014). The Company reported Q3 FY 2014 revenue of £3.1 billion, down 3.5% YoY, while like-for-like growth improved to 5.1% YoY. During the quarter, the Company's revenue from the U.S. improved 0.5% YoY to £1.7 billion and revenues from Nordic region improved 5.5% YoY to £444 million. Revenues from Canada fell 17.9% YoY to £156 million, while that from U.K. declined 2.8% YoY to £451 million. Q3 FY 2014 trading profit stood at £153 million, compared to a profit of £150 million in Q3 FY 2013. For 9M FY 2014, the Company reported revenue of £9.6 billion, up 1.4% YoY and a trading profit of £505 million, up 6.5% YoY. Group's like-for-like revenue growth rate for the next 6 months is expected to be about 4%. The full analyst notes on Wolseley are available to download free of charge at:
Ophir Energy Plc Analyst Notes
On June 4, 2014, Ophir Energy Plc (Ophir) announced the successful results of the Taachui-1 & subsequent Taachui-1 ST1 well in Block 1, Tanzania which has resulted in a new gas discovery. Ophir holds 20% interest of Blocks 1, 3 and 4, while BG Group operates with 60% interest. The Taachui-1 well was drilled by the Deepsea Metro I drillship close to the western boundary of Block 1. The well discovered gas in a single gross column of 289 metre within the targeted Cretaceous reservoir interval. In addition, Ophir informed that a drill stem test will now be performed on the Taachui discovery with results expected before the end of June 2014. Nick Cooper, CEO, Ophir, commented, "The Taachui-1 discovery continues the 100% drilling success rate on Blocks 1, 3 and 4 and adds further resource to support the LNG development in Tanzania." The full analyst notes on Ophir are available to download free of charge at:
Aberforth Smaller Companies Trust plc Analyst Notes
On June 4, 2014, Aberforth Smaller Companies Trust plc (Aberforth) announced that the net asset value (NAV) per ordinary share as on close of business on June 3, 2014 was 1,191.25 pence, excluding current year revenue; while including all revenue the NAV was 1,203.30 pence. Aberforth informed that it has a bank debt facility that allows gearing of up to 10.9% of shareholders' funds, while the current gearing is 2.5%. Further, the Company has issued 95.4 million ordinary shares of 1 pence each. The full analyst notes on Aberforth are available to download free of charge at:
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